Baku, Azerbaijan, June 29
By Maksim Tsurkov – Trend:
OPEC oil basket’s price stood at $44.46 per barrel on June 28, or $0.14 more than on June 27, the cartel told Trend June 29.
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).
Global oil prices increased on June 29.
The price for September futures of the North Sea Brent oil mix increased by 1.03 percent – to $49.08 per barrel, while the price of August futures for WTI oil increased by 1.17 percent – to $48.41 per barrel June 29 as of 11:29 (UTC/GMT+4 hours).
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