Vienna: The price of Opec’s basket of fourteen crudes stood at $47.75 (Dh175.24) a barrel on Wednesday, compared with $47.83 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).
Opec daily basket price for Wednesday, October 26, 2016
The Opec Reference Basket of Crudes (ORB) is made up various grades