Significant Rise In OPEC Prices

| December 13, 2016

Baghdad / The price of OPEC basket of fourteen crudes stood at $53.24 a barrel on Monday, compared with $50.95 the previous Friday, according to OPEC Secretariat calculations.

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: 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)./ End

Source: National Iraqi News Agency

Category: Basra

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