Published On: Fri, Jun 27th, 2014

OPEC’s daily basket price for Wednesday

Oil

Oil

The price of OPEC’s basket of twelve crudes stood at US$109.63 a barrel on Wednesday, compared with $109.62 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes, ORB, is made up of the following: Murban (U.A.E.), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), and Merey (Venezuela).

Source : WAM News Agency for United Arab Emirates

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