Business Standard

OPEC daily basket price closes slightly higher

Image

IANS

Vienna, April 29 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood at $105.43 a barrel Monday, against $105.37 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

bb/vt

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 29 2014 | 2:22 PM IST

Explore News