OPEC oil price increases
Baku, Azerbaijan, June 21
By Maksim Tsurkov – Trend:
OPEC oil basket’s price stood at $46.24 per barrel on June 21, or $2.06 more than on June 17, the cartel told Trend June 21.
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 are down on June 21.
The price for August futures of the North Sea Brent oil mix decreased by 0.83 percent – to $50.23 per barrel, while the price of August futures for WTI oil decreased by 0.72 percent – to $49.6 per barrel June 21 as of 11:08 (UTC/GMT+4 hours).
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