OPEC prices down
By Trend
The price of OPEC basket of fourteen crudes stood at $46.45 a barrel on July 19, compared with $46.80 the previous day, the cartel said in a message.
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).
This is while oil prices are rising on July 19. The price for September futures of Brent oil increased by 0.57 percent to $49.12 per barrel as of 6:49 a.m. EDT (UTC-4). The price for August futures of West Texas Intermediate (WTI) increased by 0.39 percent and stood at $46.58 per barrel as of 6:49 a.m. EDT (UTC-4).
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!