...

OPEC oil price increases

Oil&Gas Materials 3 October 2016 16:09 (UTC +04:00)
OPEC oil basket’s price stood at $44.63 per barrel on Sept. 30, or $0.29 more than on Sept. 29, the cartel told Trend Oct. 3.
OPEC oil price increases

Baku, Azerbaijan, Oct. 3

By Maksim Tsurkov – Trend:

OPEC oil basket’s price stood at $44.63 per barrel on Sept. 30, or $0.29 more than on Sept. 29, the cartel told Trend Oct. 3.

The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), 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 for the North Sea Brent oil mix decreased by 0.1 percent to $50.14 per barrel, while the price for November futures of WTI oil - by 0.31 percent to $48.09 per barrel as of 11:16 (GMT+4 hours) Oct. 3.

Tags:
Latest

Latest