Here are OPEC January, February 2022 crude prices

15/03/2022 Argaam
OPEC logo

OPEC logo


The average price of OPEC’s crude basket during February 2022 was $94.22 per barrel, an $8.81 increase compared to January 2022 price average of $85.41.

 

Below are the prices of various crude oil grades produced by OPEC member countries in January and February 2022.

 

OPEC Basket Prices

Material

Country

January 2022

February 2022

Change

Arabian Light

Saudi Arabia

86.15

93.82 

+7.67

Basrah Light

Iraq

84.88 

94.17 

+9.29

Bonny Light

Nigeria

86.85

98.76 

+11.91

Es Sider

Libya

86.16 

98.06 

+11.90

Girassol

Angola

88.28 

100.78 

+12.50

Iran Heavy

Iran

85.59 

93.04 

+7.45

Kuwait Export

Kuwait

86.28

93.84 

+7.56

Miri

Venezuela

63.58 

71.02 

+7.44

Murban

UAE

85.11 

94.18 

+9.07

Saharan Blend

Algeria

88.21 

100.71

+12.50

 

Prices of various raw materials are determined by their quality compared to standard materials such as Brent, West Texas and Dubai Crude.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.