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OPEC crude basket closes at same level

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IANS
Last Updated : Feb 05 2014 | 3:14 PM IST

Vienna, Feb 5 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood at $102.55 a barrel Tuesday, the same as Monday, according to the OPEC Secretariat.

The 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 (the United Arab Emirates) and Merey (Venezuela). A barrel is equal to 159 litres.

--IANS/WAM

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First Published: Feb 05 2014 | 3:06 PM IST

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