*The Organization of the Petroleum Exporting Countries, OPEC, headquarters Vienna, Austria. REUTERS/Heinz-Peter Bader
19 May 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $44.88 a barrel on Wednesday, compared with $44.82 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).
