OPEC daily basket price stood at $43.19 a barrel Wednesday, 13 July 2016

Vienna, Austria, 14 July 2016–The price of OPEC basket of fourteen crudes stood at $43.19 a barrel on Wednesday, compared with $43.22 the previous day, according to OPEC Secretariat calculations. (View Archives)

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: 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).

Source: OPEC

By

Robert Williams

Editor in Chief