OPEC daily basket price stood at US $53.14 a barrel on Tuesday

VIENNA, 11th February, 2015 (WAM) — The price of OPEC basket of twelve crudes stood at US 53.14 dollars a barrel on Tuesday, compared with US $53.58 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), 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).

WAMAAMIR

SOURCE: Wam