TODAY.AZ / Business

OPEC oil price decreases

30 November 2017 [16:32] - TODAY.AZ

By  Trend

OPEC oil basket’s price stood at $61.14 per barrel on November 29, which is $0.17 less than on November 28, the cartel told Trend on November 30.

The OPEC Reference Basket of Crudes (ORB) is made up of Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), 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).

The price for February futures of the North Sea Brent oil mix increased by 0.37 percent to $62.76 per barrel, while the price for January futures of WTI oil increased by 0.31 percent to $57.48 per barrel on November 30.


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