OPEC daily basket price stood at $37.89 a barrel Thursday, 3 December 2015

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Vienna, Austria, 4 December 2015–The price of OPEC basket of twelve crudes stood at 37.89 dollars a barrel on Thursday, compared with $38.46 the previous day, according to OPEC Secretariat calculations. (View Archives)

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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).

Source: OPEC

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Robert Williams

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