OPEC daily basket price closes lower

Views: 28

Vienna, June 2 (IANS/WAM) The price of OPEC’s basket of 13 crudes fell to $44.68 a barrel on Wednesday, compared to $45.15 on Tuesday, according to the OPEC Secretariat.

The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), 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).

A barrel equals 159 litres.



ALSO READ:   Cabinet ends CIL monopoly, allows mining by private firms
Comments: 0

Your email address will not be published. Required fields are marked with *