These were prices of OPEC crude grades in Nov-Dec

20/01/2018 Argaam

 

The average price of OPEC’s crude basket last month stood at $62.06 per barrel, a $1.32 increase compared to November average of $60.74, according to the producer group’s latest monthly report.

 

The following table shows prices of various crude oil grades produced by OPEC member countries in November, December 2017.

 

OPEC Basket Prices

Crude Grade

Country

November 2017

December 2017

Variation

Arab Light

Saudi Arabia

61.08

62.50

1.42+

Basra Light

Iraq

60.21

61.44

1.23+

Bonny Light

Nigeria

63.29

64.64

1.35+

Es Sider

Libya

61.58

63.09

1.51+

Girassol

Angola

62.97

64.97

2.00+

Iran Heavy

Iran

59.27

60.87

1.60+

Kuwait Export

Kuwait

59.58

60.94

1.36+

Qatar Marine

Qatar

60.47

61.54

1.07+

Miri

Venezuela

55.86

56.04

0.18+

Murban

UAE

62.76

63.84

1.08+

Oriente

Ecuador

59.23

59.66

0.43+

Saharan Blend

Algeria

63.23

64.74

1.51+

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