OPEC Daily Basket Price Declines

OPEC daily basket price declines

VIENNA, (Pakistan Point News - 16th Oct, 2019) The price of OPEC basket of fourteen crudes declined to stand at US$59.62 a barrel on Tuesday, 15th October, compared with $59.95 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).