...

OPEC oil price reaches $25.93 a barrel

Business Materials 11 February 2016 14:50 (UTC +04:00)
OPEC daily basket price reached $25.93 per barrel on Feb.10, or $2.4 less than Feb. 9.
OPEC oil price reaches $25.93 a barrel

Baku, Azerbaijan, Feb. 11

By Maksim Tsurkov - Trend:

OPEC daily basket price reached $25.93 per barrel on Feb.10, or $2.4 less than Feb. 9, according to the organization.

The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), 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).

The price of Brent Dated oil, produced from the North Sea, was $29.49 per barrel on Feb. 10, or $0.78 less than the previous price.

---

Follow the author on Twitter: @MaksimTsurkov

Tags:
Latest

Latest