Baku, Azerbaijan, Sept. 26
By Azad Hasanli – Trend:
OPEC oil basket’s price stood at $42.89 per barrel on Sept. 23, or $0.38 less than on Sept. 22, the cartel told Trend Sept. 26.
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).
Oil prices continue to fall amid the reports on probability of failure of the Algeria meeting of oil producing countries this week.