HomeEconomyOPEC daily basket price now $108.81 per barrel

OPEC daily basket price now $108.81 per barrel

Date:

Related stories

BREAKING: Gov. Yusuf approves N71,000 as minimum wage for Kano workers

Kano state governor Abba Kabir Yusuf has approved the...

Kwankwaso blasts FG over Kano palliative, security issues

Senator Rabiu Musa Kwankwaso has sharply criticized the Federal...

Nigeria’s smartphone market declines as economic difficulties worsen

The smartphone market in Nigeria is facing a significant...

Tinubu approves NNPC’s use of 2023 dividends for fuel subsidy

President Bola Ahmed Tinubu has authorized the Nigerian National...

Nigeria’s inflation rate falls for the first time in nearly two years

Nigeria’s headline inflation rate has dropped to 33.40% in...
spot_img

The Organisation of the Petroleum Exporting Countries (OPEC) price for  basket of 13 crude oil samples stood at $108.81 per barrel as at Thursday, April 21.

This is compared with $107.97 per barrel of the previous Wednesday, according to OPEC Secretariat calculations obtained by NAN, Abuja as released by OPEC on Friday.

Nigeria’s crude oil production dropped to 1.354mb/d in March – OPEC

Nigeria fails again to meet OPEC quota with 1.25mpd production

The OPEC Reference Basket of Crudes (ORB) is made up of the Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon) and Iran Heavy (Islamic Republic of Iran).

Others were Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela). (NAN)

Subscribe

Latest stories