OPEC oil price ups
By Trend
OPEC oil basket’s price stood at $41.55 per barrel on Sept. 21 or $0.99 more than on Sept. 20, the cartel told Trend on September 22.
The OPEC Reference Basket (ORB) is made up of the following oil brands: 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).
However, the price for November futures of the North Sea Brent oil mix increased by 0.73 percent to $47.17 per barrel, while the price for November futures of WTI oil rose by 0.86 percent to $45.73 per barrel as of 13:23 (GMT+4 hours) on Sept. 22.
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