Tuesday, 02 January 2024 12:17 GMT

Kuwait- OPEC basket up 51 cents to USD 49.97 pb


(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Aug 1 (KUNA) -- OPEC daily basket price was up 51 cents to stand at USD 49.97 per barrel (pb) on Monday, compared with USD 49.46 pb last Friday, said the international organization on Tuesday.

The basket's annual price for 2016 was at USD 40.76 pb, it added.

OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine.(Qatar), Arab Light (Saudi Arabia), Murban (UAE), Merey (Venezuela), Girassol (Angola), and Oriente (Ecuador). (end) amq.haq

MENAFN0108201700710000ID1095679791



Kuwait News Agency (KUNA)

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.



More Story