Published On: Tue, Nov 4th, 2014

OPEC daily basket price for Friday, 31st October 2014

oil barrel

oil barrel

The price of OPEC’s basket of twelve crudes stood at US$81.97 a barrel on Friday, compared with $82.79 the previous day, according to OPEC Secretariat calculations.

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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