The price of OPEC basket of thirteen crudes stood at $45.36 a barrel on Wednesday, compared with $45.64 the previous day, according to OPEC Secretariat calculations.
[Also Read] OPEC’s Current Strife Offers Glimpse of More Pain to Come
The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), 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).
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