OPEC's average basket price falls for second consecutive month
10/07/2024
Argaam
The OPEC Reference Basket (ORB) declined for the second successive month in June, falling 0.4%, or $0.37, to average 83.22 per barrel from $83.59 in May.
|
OPEC Reference Basket |
||||||||||
|
|
Material |
|
Country |
|
May 2024 |
|
June 2024 |
|
Change |
|
|
|
Arabian Light |
|
Saudi Arabia |
|
85.60 |
|
85.31 |
|
(0.29) |
|
|
|
Basrah Medium |
|
Iraq |
|
81.58 |
|
81.96 |
|
+0.38 |
|
|
|
Bonny Light |
|
Nigeria |
|
84.16 |
|
83.30 |
|
(0.86) |
|
|
|
Es Sider |
|
Libya |
|
81.27 |
|
81.15 |
|
(0.12) |
|
|
|
Iran Heavy |
|
Iran |
|
84.13 |
|
83.65 |
|
(0.48) |
|
|
|
Kuwait Export |
|
Kuwait |
|
85.15 |
|
84.91 |
|
(0.24) |
|
|
|
Miri |
|
Venezuela |
|
70.55 |
|
69.23 |
|
(1.32) |
|
|
|
Murban |
|
UAE |
|
84.10 |
|
82.51 |
|
(1.59) |
|
|
|
Saharan Blend |
|
Algeria |
|
82.07 |
|
82.55 |
|
+0.48 |
|
Prices of various raw materials are determined by their quality against standard materials such as Brent, West Texas, and Dubai Crude.
Market Indices
Dubai
5,897.57
(9.63)
(0.16 %)
Abu Dhabi
9,960.24
(33.00)
(0.33 %)
TASI
10,542.23
(47.72)
(0.45 %)
Qatar
9,209.53
(49.77)
(0.54 %)
Kuwait
9,063.91
13.25
0.15 %
Muscat
7,828.06
39.92
0.51 %
Bahrain
1,898.90
(2.96)
(0.16 %)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}