OPEC daily basket price stood at $31.26

*OPEC daily basket prices.

*OPEC daily basket prices.

04 January 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of thirteen crudes stood at 31.26 dollars a barrel on Thursday, compared with $31.54 the previous day, 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), 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).

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