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OPEC crude basket price loses USD 1.2 cents, settles at USD 111.27 pb  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 23/02/2013

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(MENAFN - Kuwait News Agency (KUNA)) OPEC's daily basket price lost USD 1.2 and stood at USD 111.27 a barrel on Thursday compared with USD 113.28 pb the previous day, according to the bulletin of the cartel on Friday.

The OPEC bulletin estimates that average basket price for 2012 at USD 109.
54 per barrel.

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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 (Venezual).

 






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