OPEC oil prices down on April 18
OPEC oil basket's price stood at $36.58 per barrel on April 18, or $1.47 less than on April 15, the cartel told Trend April 19.
The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (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).
Oil prices rose against the backdrop of news from Kuwait, where the oil sector workers are on a termless strike.
On April 19, the price for June futures of the North Sea Brent oil mix rose by 1.93 percent to $43.74 per barrel, while the price for May futures of the WTI oil rose by 1.71 percent to $40.46 per barrel.
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