Published On: Sat, Nov 15th, 2014

OPEC daily basket price stood at $76.96 a barrel Wednesday

oil barrel

oil barrel

The price of OPEC basket of twelve crudes stood at 76.96 dollars a barrel on Wednesday, compared with $77.27 the previous day, according to OPEC Secretariat calculations.

The new OPEC Reference Basket of Crudes (ORB) is made up of the following, 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), Murban (UAE) and Merey (Venezuela).

Source : WAM News Agency for United Arab Emirates

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