Published On: Wed, Aug 27th, 2014

OPEC daily basket price USD$99.09 a barrel Monday, 25th August

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oil barrel

 The price of OPEC’s basket of twelve crudes stood at US$99.09 a barrel on Monday, compared with $99.19 the previous Friday, according to OPEC’s Secretariat calculations.

The new 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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