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Here are the prices of various crude oil grades produced by OPEC member countries in August and September 2021.
The average price of OPEC’s crude basket during September 2021 was $73.88 per barrel, a $3.55 increase compared to August 2021 price average of $70.33.
OPEC Basket Prices |
||||
Material |
Country |
August 2021 |
September 2021 |
Variation |
Arabian Light |
Saudi Arabia |
71.36 |
75.01 |
+3.65 |
Basrah Light |
Iraq |
70.39 |
73.75 |
+3.36 |
Bonny Light |
Nigeria |
71.23 |
74.09 |
+2.86 |
Es Sider |
Libya |
69.45 |
72.75 |
+3.30 |
Girassol |
Angola |
70.93 |
74.76 |
+3.83 |
Iran Heavy |
Iran |
70.34 |
74.08 |
+3.74 |
Kuwait Export |
Kuwait |
71.06 |
74.92 |
+3.86 |
Miri |
Venezuela |
51.76 |
54.96 |
+3.20 |
Murban |
UAE |
69.89 |
73.41 |
+3.52 |
Saharan Blend |
Algeria |
71.05 |
73.85 |
+2.80 |
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