OPEC daily basket price stands at US$97.70
Vienna - WAM
The price of OPEC basket of twelve crudes stood at 97.70 US dollars a barrel on Thursday, compared with $97.89 the previous day, according to OPEC Secretariat calculations, the Organization of the Petroleum Exporting Countries (OPEC) announced on Friday. 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), according to OPEC's data.
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