(MENAFN- AzerNews) By Trend
The price of OPEC basket of fourteen crudes stood at $63.25 a barrel on March 6, compared with $62.89 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), 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), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
The price for May futures of the North Sea Brent oil mix has decreased by 0.82 percent to $65.25 per barrel, while the price for April futures of West Texas Intermediate (WTI) oil dropped by 0.77 percent and stood at $62.12 per barrel as of 06:13 (EST), March 7.
---
Follow us on Twitter @AzerNewsAz
#OPEC MENAFN0703201801950000ID1096555602
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.