OPEC daily basket price for Friday, 22nd July, 2016

VIENNA, 25th July, 2016 (WAM) — The price of OPEC’s basket of fourteen crudes stood at US$41.71 a barrel on Friday, compared with US$42.93 the previous day, according to OPEC Secretariat calculations.

The new 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 (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), and Merey (Venezuela).

WAM/Hanaa/Moran

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