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Algerian Desert Blend Among the Most Expensive Arab Oil Grades

April 14, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Algerian Desert Blend Among the Most Expensive Arab Oil Grades

The Algerian Desert Blend crude recorded an increase of 41.6% during March 2026, reaching $104.24 per barrel compared to $73.59 in February, amid a strong collective rise in the prices of Arab crude oils. According to a report issued by OPEC yesterday, global oil markets witnessed a significant jump in prices during the same month, with the average price of the OPEC basket rising by 71% to $116.36 per barrel, compared to $67.90 in the previous month, driven by escalating tensions related to the Iranian war and the accompanying disturbances in the Strait of Hormuz. Watch the full content on Echourouk Online.

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