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OPEC daily basket price closes higher again
Tags : Vienna, basket of 12 crude oils, Organisation of Petroleum Exporting, OPEC, Saharan Blend, Arab Light
Thursday, Mar 27 2014 3:49PM IST
OPEC daily basket price closes higher again
Vienna: The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood at $103.62 a barrel Wednesday, compared to $103.39 Tuesday, according to the OPEC Secretariat.

The new OPEC reference basket comprises Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (United Arab Emirates) and Merey (Venezuela). A barrel is equal to 159 litres.