OPEC daily basket price for Monday 2nd May 2016
(MENAFN- Emirates News Agency (WAM))
VIENNA 3rd May 2016 (WAM) -- The price of OPEC's basket of thirteen crudes stood at US$42.47 a barrel on Monday compared with $42.70 the previous Friday according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Murban (UAE) Saharan Blend (Algeria) Girassol (Angola) Oriente (Ecuador) Minas (Indonesia) Iran Heavy (Iran) Basra Light (Iraq) Kuwait Export (Kuwait) Es Sider (Libya) Bonny Light (Nigeria) Qatar Marine (Qatar) Arab Light (Saudi Arabia) and Merey (Venezuela).