OPEC oil price slightly increases
OPEC oil basket’s price stood at $42.93 per barrel on July 21, or $0.2 more than on July 20, the cartel told Trend July 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).
Meanwhile, the price for September futures of the North Sea Brent oil mix increased by 0.17 percent to $46.28 per barrel, while the price for August futures of WTI oil decreased by 0.09 percent to $44.71 per barrel on July 22.
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