Arab Today, arab today opec basket price down to 4150 per barrel
Last Updated : GMT 08:40:27
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OPEC basket price down to $41.50 per barrel

Arab Today, arab today

Arab Today, arab today OPEC basket price down to $41.50 per barrel

OPEC
Vienna - KUNA

The OPEC daily basket price stood at USD 41.50 a barrel on Tuesday, compared with USD 43.55 the previous day, the cartel said here on Wednesday.
The average annual rate amounted to USD 96.29 pb, it said.
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 (Venez).
During their recent annual meeting, OPEC oil ministers decided to maintain the cartel's production level at 30 million barrels per day.

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