AI Summary
Logo of OPEC
The OPEC basket crude oil prices averaged $70.39 per barrel in September, marking a 0.9% surge (+$0.66) from $69.73 in the previous month.
|
OPEC Basket Prices (August - September 2025) |
||||
|
Material |
Country |
August |
September |
Change |
|
Arabian Light |
Saudi Arabia |
71.40 |
72.62 |
+1.22 |
|
Basrah Medium |
Iraq |
69.60 |
70.40 |
+0.80 |
|
Bonny Light |
Nigeria |
70.27 |
69.44 |
(0.83) |
|
Es Sider |
Libya |
68.04 |
67.85 |
(0.19) |
|
Iran Heavy |
Iran |
69.18 |
69.81 |
+0.63 |
|
Kuwait Export |
Kuwait |
70.68 |
72.16 |
+1.48 |
|
Miri |
Venezuela |
56.22 |
55.29 |
(0.93) |
|
Murban |
UAE |
70.10 |
70.22 |
+0.12 |
|
Saharan Blend |
Algeria |
69.24 |
68.95 |
(0.29) |
Prices of various raw materials are determined by their quality against standard materials such as Brent, West Texas, and Dubai Crude.
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