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OPEC daily basket price closes higher

  •   Wed, Jan 28 2015 05:00:01 PM

Vienna, Jan 28 (IANS/WAM): The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $43.24 a barrel Tuesday, compared with $42.90 a barrel Monday, the OPEC secretariat said.

The OPEC reference basket of crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (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). One barrel of crude oil contains 159 litres.
  

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