OPEC daily basket price stood at $95.84 a barrel Wednesday, 17 September 2014

OPEC daily basket price stood at $95.84 a barrel Wednesday, 17 September 2014

The price of OPEC basket of twelve crudes stood at 95.84 dollars a barrel on Wednesday, compared with $95.30 the previous day, according to OPEC Secretariat calculations.
Crude prices fell in Asia Thursday following an unexpected surge in US stockpiles and reports that the OPEC oil cartel is unlikely to slash production when it meets in November.
US benchmark West Texas Intermediate for October delivery dipped 63 cents to $93.79 while Brent crude for November eased 62 cents to $98.35 in afternoon trade.
Oil and Gas Press

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