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OPEC daily basket price dips

  •   Thu, Oct 15 2015 05:08:28 PM

Vienna, Oct 15 (IANS/WAM): The price of the OPEC basket of twelve crudes stood at $45.21 a barrel on Wednesday, compared to $46.00 on Tuesday, the organisation's secretariat said.

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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) and Merey (Venezuela).

A barrel equals 159 litres.
  

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