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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