News:OPEC daily basket price stood at $25.21 a barrel Thursday, 11 February 2016

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Vienna, Austria, 12 February 2016–The price of OPEC basket of thirteen crudes stood at $25.21 a barrel on Thursday, compared with $25.93 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), Minas (Indonesia), 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).

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Robert Williams

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