OPEC: Iraq posts third-highest Arab crude price
2025-04-20 11:11
Shafaq News/ Iraq ranked third among Arab OPEC producers for the highest crude export price in March 2025.
OPEC data showed that the average price of a barrel of Iraqi crude reached $73.82, placing it behind Saudi Arabia and Kuwait.
Saudi Arabia’s Arab Light crude topped the list at $76.07 per barrel, followed by Kuwait’s crude at $75.36. Algeria’s Saharan Blend came in fourth with an average price of $72.84, while the UAE’s Murban crude followed closely at $72.63. Libya’s Es Sider crude ranked sixth at $71.19.
The average price of Arab crude grades in March fell to $73.65 per barrel, down from $76.68 in February.
