The price of OPEC basket of fourteen crudes stood at $41.55 a barrel on Tuesday, compared with $42.09 the previous day.
The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), 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), Murban (UAE) and Merey (Venezuela).
Source : QNA
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Opec compliance with oil curbs rises to 94 per cent in FebruaryMaintained and developed by Arabs Today Group SAL.
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