OPEC basket price drops to $64/bbl

Business

12:32 | 07.02.2018

OPEC basket price drops to $64/bbl

The price of OPEC basket of fourteen crudes stood at $64.83 a barrel on Feb.6, compared with $65.70 on Feb.5, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), 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), Murban (UAE) and Merey (Venezuela).

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