OPEC daily basket price stood at $60.27 a barrel Wednesday, 17 June 2015

OPEC daily basket price stood at $60.27 a barrel Wednesday, 17 June 2015

The price of OPEC basket of twelve crudes stood at 60.27 dollars a barrel on Wednesday, compared with $60.08 the previous day, according to OPEC Secretariat calculations.

US benchmark West Texas Intermediate for July delivery grew 67 cents to $60.59 a barrel compared with Wednesday’s close.

Brent North Sea crude for August gained 87 cents to stand at $64.74 a barrel in London midday deals.

The US Department of Energy on Wednesday said the country’s crude reserves fell 2.7 million barrels last week, the seventh straight decline.

Oil and Gas Press

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