Published On: Tue, Dec 29th, 2015

OPEC daily basket price

oil-drilling-at-sunsetThe price of OPEC’s basket of twelve crudes stood at US$32.14 a barrel on Thursday, compared with $31.25 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Murban (UAE), 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: Emirates news agency

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