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OPEC Reference Basket

OPEC (various members)
83.74USD/BBL   -0.69  -0.82%
Updated : June 18, 2026

OPEC Reference Basket Price Analysis

PeriodHighLowChange %
7 Days98.0783.74 14.61%
30 Days116.8783.74 28.35%
90 Days118.3383.74 29.23%
180 Days118.3383.74 29.23%
365 Days118.3383.74 29.23%

OPEC Reference Basket Price History Chart

OPEC Reference Basket Recent Price History

DatePriceChangeChange%
2026-06-1883.74-0.690.82%
2026-06-1784.43-3.474.11%
2026-06-1687.90-3.794.31%
2026-06-1591.69-6.386.96%
2026-06-1298.070.890.91%
2026-06-1197.18-1.741.79%
2026-06-1098.92-3.63.64%

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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

Frequently Asked Questions (FAQs)

The current price of OPEC Reference Basket is 83.74 USD/BBL as of June 18, 2026.

Gasoline : 18-22

Diesel : 38-42

Jet Fuel : 10-12'

Residual Fuel : 20-25

OPEC Reference Basket is produced from OPEC (various members) oil field

OPEC Reference Basket is primarily exported from N/A (composite index).
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