OPEC daily basket price closes over $1.50 higher

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IANS
Last Updated : Jul 10 2015 | 2:22 PM IST

Vienna, July 10 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $55.54 a barrel on Thursday, compared to $53.78 on Friday, the organisation's secretariat said.

The OPEC Reference Basket of Crudes is made up of Murban (UAE), 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) and Merey (Venezuela). A barrel equals 159 litres.

--IANS/WAM

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First Published: Jul 10 2015 | 2:12 PM IST

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