OPEC daily basket price closes at same level

OPEC daily basket price closes at same levelVienna, May 8 : The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) stood at $103.69 a barrel Wednesday, unchanged from Tuesday, according to the OPEC Secretariat.

The new OPEC reference basket comprises Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (United Arab Emirates) and Merey (Venezuela). A barrel is equal to 159 litres.(IANS)




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