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Kuwait- OPEC basket price down 31 cents Monday to USD 45.44 pb
(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Aug 30 (KUNA) -- The price of OPEC basket went down 31 cents on Monday and settled at USD 45.44 per barrel as oppose to USD 45.75 pb last Friday, said a statement Tuesday.
According to the OPEC bulletin, the annual average for the basket in 2015 was at USD 49.64 pb.
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). (end) amg.tg
According to the OPEC bulletin, the annual average for the basket in 2015 was at USD 49.64 pb.
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). (end) amg.tg
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