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OPEC daily basket price closes a little lower

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IANS
Last Updated : Mar 25 2014 | 3:47 PM IST

Vienna, March 25 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood at $103.13 a barrel Monday, compared to $103.30 last Friday, 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 (United Arab Emirates) and Merey (Venezuela). A barrel is equal to 159 litres.

--IANS/WAM

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First Published: Mar 25 2014 | 3:34 PM IST

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