Published On: Tue, Nov 17th, 2015

OPEC daily basket price

E934ED18-BFF7-44D2-8123-F50D1EB6BC02_cx0_cy13_cw0_mw1024_s_n_r1The price of OPEC’s basket of twelve crudes stood at US$39.21 a barrel on Friday, compared with US$40.21 the previous day, according to OPEC Secretariat calculations.

The new 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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