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OPEC daily basket price closes higher

Vienna,2nd September-2014,(IANS):The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood at $100.08 a barrel Monday, compared to $99.99 last Friday, according to the OPEC Secretariat.

OPEC daily basket price closes higher

The new OPEC reference basket comprises Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (United Arab Emirates) and Merey (Venezuela). A barrel equals 159 litres.

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