OPEC daily basket price for Wednesday, 12th October, 2016

VIENNA, 13th October, 2016 (WAM) — The price of OPEC’s basket of fourteen crudes stood at US$48.69 a barrel on Wednesday, compared with $48.81 the previous day, 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), Rabi Light (Gabon), 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).

WAM/Ahlam/Moran

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