OPEC daily basket price for Thursday, 27th October 2016

VIENNA, 28th October, 2016 (WAM) — The price of OPEC’s basket of fourteen crudes stood at US$47.23 a barrel on Thursday, compared with $46.96 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/bashir

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