OPEC daily basket price @ Wednesday, 30 November 2016
The price of OPEC basket of fourteen crudes stood at $44.80 a barrel on Wednesday, compared with $43.87 the previous day, according to OPEC Secretariat calculations.
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
Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil”