Journan — Accueil

Algerian crude ranks as the most expensive Arab oil in September

The latest OPEC monthly report indicates that Algeria's Saharan Blend topped the list of the most expensive Arab crudes in September, reaching an average price of $118.49 per barrel, a 26% increase compared to August. This performance surpassed Libya's Es Sider ($117.49), the UAE's Murban ($115.39), and Saudi Arabia's Arabian Light ($109.02). The average price of the OPEC basket rose by 28% to $110.59 per barrel. Significant price jumps of over 30% were recorded for Iraqi Basra Medium and Kuwait Export crude, while international benchmarks such as Brent and West Texas Intermediate also followed a strong upward trajectory.