According to calculations by the OPEC secretariat, the Organization of Petroleum Exporting Countries (OPEC) said today, Wednesday, that the price of the OPEC basket of thirteen crudes was 89. 81 dollars per barrel, up from 89. 50 dollars the day before.
Angolan Girasole, Congolese Djeno, Equatorial Guinean Zafiro, Gabonese Rabi, Iranian heavy crude, Iraqi Basra Light oil, Kuwaiti export crude, Libyan Es Sider crude, Nigerian Bonny Light crude, and Arab crude make up the OPEC basket of crudes. Saudi sunshine, Middle Eastern murban, and Venezuelan joy.
Today’s oil prices for Brent crude futures contracts were $85.06 per barrel, while US West Texas Intermediate crude futures were $77.
43 per barrel, with today’s price decline of more than 1%.
OPEC’s daily crude oil price basket stabilised at 89.81 dollars per barrel.
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