The price of OPEC's basket of thirteen crudes stood at US$36.01 a barrel on Friday, compared with $34.71 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), 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).
Source:WAM
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Oil market heads towards 'smooth rebalancing': OPECMaintained and developed by Arabs Today Group SAL.
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