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OPEC daily basket price closes below $95 a barrel

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IANS
Last Updated : Sep 16 2014 | 2:30 PM IST

Vienna, Sep 16 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $94.68 a barrel Monday, compared to $95.68 a barrel last Friday, the OPEC Secretariat said.

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 equals 159 litres.

--IANS/WAM

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First Published: Sep 16 2014 | 2:24 PM IST

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