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The average price of OPEC’s crude basket during July 2021 was $73.53 per barrel, a $1.64 increase compared to June 2021 price average of $71.89.
OPEC Basket Prices |
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Material |
Country |
June 2021 |
July 2021 |
Variation |
Arabian Light |
Saudi Arabia |
72.76 |
74.15 |
+1.39 |
Basrah Light |
Iraq |
71.79 |
73.40 |
+1.61 |
Bonny Light |
Nigeria |
72.21 |
75.37 |
+3.16 |
Es Sider |
Libya |
71.01 |
73.64 |
+2.63 |
Girassol |
Angola |
73.47 |
75.45 |
+1.98 |
Iran Heavy |
Iran |
71.68 |
72.98 |
+1.30 |
Kuwait Export |
Kuwait |
72.54 |
73.80 |
+1.26 |
Miri |
Venezuela |
53.52 |
54.49 |
+0.97 |
Murban |
UAE |
72.34 |
73.64 |
+1.30 |
Saharan Blend |
Algeria |
72.31 |
75.34 |
+3.03 |
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