Published On: Wed, Mar 9th, 2011

OPEC daily basket price stood at $109.55 a barrel Tuesday, 8 March 2011

The price of OPEC basket of twelve crudes stood at 109.55 dollars a barrel on Tuesday, compared with $112.03 the previous day, according to OPEC Secretariat calculations. (View Archives).

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 (UAE) and Merey (Venezuela).

 

Source : www.opec.org