Here are OPEC February, March 2021 crude prices
Here are the prices of various crude oil grades produced by OPEC member countries in February and March 2021.
The average price of OPEC’s crude basket during March 2021 was $64.56 per barrel, a $3.51 increase compared to the February 2021 average price of $61.05.
|
OPEC Basket Prices |
||||
|
Material |
Country |
February 2021 |
March 2021 |
Variation |
|
Arabian Light |
Saudi Arabia |
61.49 |
65.20 |
+ 3.71 |
|
Basrah Light |
Iraq |
61.40 |
65.17 |
+ 3.77 |
|
Bonny Light |
Nigeria |
62.24 |
65.57 |
+ 3.33 |
|
Es Sider |
Libya |
60.83 |
63.56 |
+ 2.73 |
|
Girassol |
Angola |
62.99 |
66.04 |
+ 3.05 |
|
Iran Heavy |
Iran |
60.66 |
64.30 |
+ 3.64 |
|
Kuwait Export |
Kuwait |
61.31 |
64.86 |
+ 3.55 |
|
Miri |
Venezuela |
42.87 |
46.47 |
+ 3.60 |
|
Murban |
UAE |
60.99 |
64.33 |
+ 3.34 |
|
Saharan Blend |
Algeria |
62.38 |
65.76 |
+ 3.38 |
Prices of various raw materials are determined by their quality compared to standard materials such as Brent, West Texas and Dubai Crude.
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