OPEC daily basket price stood at US$61.95 a barrel Friday

Vienna, Austria, 12 March 2018 — The price of OPEC basket of fourteen crudes stood at US$61.95 a barrel on Friday, 9th March 2018, compared with US$61.85 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), 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).

Source: Emirates News Agency