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The price of the OPEC basket of 14 crude varieties of its
members dropped to US$49.37 a barrel on Friday from US$50.70 the
previous day, OPEC said on Monday, citing OPEC Secretariat
calculations. The OPEC Reference Basket of Crudes (ORB) is made up
of the following: Saharan Blend (Algeria), Girassol (Angola),
Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon),
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),…

The price of the OPEC basket of 14 crude varieties of its
members dropped to US$49.37 a barrel on Friday from US$50.70 the
previous day, OPEC said on Monday, citing OPEC Secretariat
calculations. The OPEC Reference Basket of Crudes (ORB) is made up
of the following: Saharan Blend (Algeria), Girassol (Angola),
Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon),
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),…

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