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    Home » OPEC daily basket price stood at $45.44/b

    OPEC daily basket price stood at $45.44/b

    August 30, 2016
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    *The Organization of the Petroleum Exporting Countries, OPEC,  headquarters, Vienna, Austria. REUTERS/Heinz-Peter Bader
    *The Organization of the Petroleum Exporting Countries, OPEC, headquarters, Vienna, Austria. REUTERS/Heinz-Peter Bader

    30 August 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $45.44 a barrel on Monday, compared with $45.75 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), 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).

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