OPEC daily basket price stood at $108.59 a barrel Monday, 30 June 2014
The price of OPEC basket of twelve crudes stood at 108.59 dollars a barrel on Monday, compared with $109.17 the previous Friday, according to OPEC Secretariat calculations. (View Archives)
Oil prices rose in Asia on Tuesday as dealers made the most of a weakening dollar
US benchmark West Texas Intermediate for August delivery rose 23 cents to $105.60 while Brent crude gained
eight cents to $112.44 in late-morning trade.
The new OPEC Reference Basket of Crudes (ORB) is made up of the following: 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), Murban (UAE) and Merey (Venezuela).