*UAE Energy Minister Suhail bin Mohammed al-Mazroui talks with OPEC Secretary-General Mohammed Barkindo during the inaugural session ceremony of the OPEC Ministerial Monitoring Committee in Algiers, Algeria September 23, 2018. REUTERS/Ramzi Boudina
Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $59.56 a barrel on Monday, compared with $59.13 the previous Friday, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
