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OPEC daily basket price closes higher

Posted on Apr 10 2014 | IANS

Vienna, April 10 : The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood higher at USD 104.22 Wednesday, compared to USD 103.16 Tuesday, according to the OPEC Secretariat.

The new OPEC reference basket comprises Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (United Arab Emirates) and Merey (Venezuela).

A barrel is equal to 159 litres.

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