OPEC daily basket price closes lower

by news
March 25, 2015

Vienna: The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $94.18 a barrel Wednesday, compared to $94.31 a barrel on Tuesday, the OPEC Secretariat said.

OPEC daily basket price closes lowerThe new OPEC reference basket comprises Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (United Arab Emirates) and Merey (Venezuela). A barrel equals 159 litres.