OPEC daily basket price down

By  Trend

The price of OPEC basket of fourteen crudes stood at $60.87 a barrel on Dec. 14, which is $0.63 less than on December 13, the cartel told Trend on December 15.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: 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 grew 0.02 percent to $63.32 per barrel, while the price for January futures of West Texas Intermediate (WTI) oil increased by 0.35 percent to $57.24 per barrel as of December 15.