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OPEC oil price up

Oil&Gas Materials 28 April 2016 16:52 (UTC +04:00)
OPEC oil basket's price stood at $41.38 per barrel on Apr. 27, or $1.5 more than on Apr. 26, the cartel told Trend Apr. 28.
OPEC oil price up

Baku, Azerbaijan, Apr. 28
By Maksim Tsurkov - Trend:

OPEC oil basket's price stood at $41.38 per barrel on Apr. 27, or $1.5 more than on Apr. 26, the cartel told Trend Apr. 28.

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 world oil prices decreased April 28.

As of 11:18 (GMT+4) on Apr. 28, the price for July futures of the North Sea Brent oil mix decreased by 0.74 percent to $46.83 per barrel, while the price for June futures of the WTI oil decreased by 0.64 percent to $45.04 per barrel.

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Follow the author on Twitter: @MaksimTsurkov

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