OPEC daily basket price US$108.81 per barrel Tuesday

VIENNA, 18th June, 2014 (WAM) — OPEC’s daily basket price stood at US$108.81 per barrel on Tuesday, June 17th, compared with $109.09 the previous day, according to OPEC Secretariat calculations.

The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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), Murban (U.A.E.) and Merey (Venezuela).

The OPEC Secretariat will be closed tomorrow, Thursday, 19th June, 2014.

WAM/Rasha/Moran