OPEC oil price up on Feb. 26
Baku, Azerbaijan, Feb. 29
OPEC oil basket's price stood at $30.74 per barrel on Feb. 26, or $1.55 more than on Feb. 25, the cartel told Trend Feb. 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).
The price for April futures of North Sea Brent crude oil mix stood at $35.54 per barrel on Feb. 29 morning.
The price for April futures of WTI oil reached $32.94 per barrel.