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OPEC daily basket price closes higher again

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IANS

Vienna, Feb 4 (IANS/WAM) The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) closed at $51.77 a barrel Tuesday, compared with $48.19 Monday, the OPEC secretariat said.

The OPEC reference basket of crudes is made up of the following: 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 (UAE) and Merey (Venezuela). One barrel of crude oil equals 159 litres.

--IANS/EFE

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First Published: Feb 04 2015 | 4:04 PM IST

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