Logo of OPEC

The average price of OPEC’s crude basket during June 2021 was $71.89 per barrel, a $4.98 increase, compared to May 2021 price average of $66.91.

 

Here are the prices of various crude oil grades produced by OPEC member countries in May and June 2021.

 

OPEC Basket Prices

Material 

Country 

May 2021 

June 2021 

Variation 

Arabian Light 

Saudi Arabia 

67.72

72.76 

+5.04 

Basrah Light 

Iraq 

66.96 

71.79 

+4.83

Bonny Light 

Nigeria 

67.61 

72.21 

+4.60 

Es Sider 

Libya 

66.16 

71.01 

+4.85 

Girassol 

Angola 

68.39 

73.47 

+5.08

Iran Heavy 

Iran 

66.72 

71.68 

+4.96 

Kuwait Export 

Kuwait 

67.54

72.54 

+5.00

Miri 

Venezuela 

49.13 

53.52 

+4.39 

Murban 

UAE 

66.82 

72.34 

+5.52 

Saharan Blend 

Algeria 

67.81 

72.31

+4.50

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