OPEC Reference Basket

OPEC (various members)

 

77.37USD/BBL  0.00  0.00%

 

OPEC Reference Basket Price Analysis

PeriodHighLowChange %
7 Days77.3777.37 0%
30 Days102.5277.37 24.53%
90 Days118.3377.37 34.62%
180 Days118.3377.37 34.62%
365 Days118.3377.37 34.62%

Technical Specifications

Basic Classification

Grade NameOPEC Reference Basket
ClassificationMedium/Sour
Region/Field)OPEC (various members)

Chemical Properties

API Gravity (oAPI)32.7
Sulfur Content (%)1.77%
Density (g/cm3)0.86
Pour Point (oC)10
Viscosity (cSt)8

Other Details

Diesel Yield (%)38-42
Gasoline Yield (%)18-22
Jet Fuel Yield (%)10-12'
Residual Fuel Yield (%)20-25
Delivery BasisN/A (composite)
Major ExchangesOPEC
Export HubN/A (composite index)
Main DestinationsGlobal (index tracking)
Benchmark TypeGlobal (index)

Key Characteristics

Composite of 13 OPEC crude grades, represents average OPEC quality

Typical Use/Refining Notes

Represents avg. OPEC crude quality for policy tracking