The price of OPEC basket of 12 crudes stood at $66.25 a barrel on Monday, April 7, 2025, compared with $70.85 the previous ...

The OPEC Secretariat said, "The OPEC Reference Basket price is still calculated using the same formula, which is based on a simple average of closing quotations of the seven crudes that make up ...

According to the OPEC Secretariat statistics, the price of the OPEC basket of twelve crudes, made up of several African ...

Iran increased its oil production by 12,000 barrels per day (bpd) in March, bringing total output to 3.335 million bpd, ...