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OPEC daily basket price closes lower

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IANS
Last Updated : Sep 28 2015 | 3:42 PM IST

Vienna, Sep 28 (IANS/WAM) The price of the OPEC basket of twelve crudes stood at $43.76 a barrel on Friday, compared to $44.48 on Thursday, the organisation's secretariat said.

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Murban (UAE), 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) and Merey (Venezuela).

A barrel equals 159 litres.

--IANS/WAM

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First Published: Sep 28 2015 | 3:22 PM IST

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