Azernews.Az

Friday March 29 2024

OPEC daily basket price rises

7 March 2018 16:27 (UTC+04:00)
OPEC daily basket price rises

By Trend

The price of OPEC basket of fourteen crudes stood at $63.25 a barrel on March 6, compared with $62.89 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), 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).

The price for May futures of the North Sea Brent oil mix has decreased by 0.82 percent to $65.25 per barrel, while the price for April futures of West Texas Intermediate (WTI) oil dropped by 0.77 percent and stood at $62.12 per barrel as of 06:13 (EST), March 7.

---

Follow us on Twitter @AzerNewsAz

Loading...
Latest See more