Baku, Azerbaijan, May 20
By Maksim Tsurkov - Trend:
OPEC oil basket's price stood at $43.84 per barrel on May 19, or $1.04 less than on May 18, the cartel told Trend May 20.
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 up on May 20.
The price for July futures of the North Sea Brent oil mix increased by 0.59 percent - up to $49.1 per barrel, while the price of July futures for WTI oil increased by 0.66 percent - up to $48.99 per barrel May 20 as of 11:31 (UTC/GMT+4 hours).
Edited by SI
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