OPEC daily basket price for Monday, August 1st, announced


(MENAFN- Emirates News Agency (WAM))

VIENNA, 2nd August, 2016 (WAM) -- The price of OPEC's basket of fourteen crudes stood at US$39.10 a barrel on Monday, 1st August 2016, compared with $38.97 the previous Friday, according to OPEC Secretariat calculations.

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


WAM/Rasha/Moran


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