OPEC crude basket closes at same level

16/01/2014 12:26 AST

The basket of 12 crude oils of the Organisation of Petroleum Exporting Countries (OPEC) stood at $103.99 a barrel Tuesday, the same as Monday, according to the OPEC Secretariat. The new OPEC reference basket comprises 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 (the United Arab Emirates) and Merey (Venezuela). A barrel is equal to 159 litres.


DaijiWorld

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Crude Oil

(In US Dollar) Change Change(%)
Brent 68.12 -2.02 -2.88
WTI 63.51 0.5 0.79
OPEC Basket 64.98 -1.5 -2.26

Recent News

Opec output falls to lowest in a year as Venezuela’s woes deepen

05/04/2018

Opec crude production dropped to the lowest in a year amid the woes in Venezuela’s oil industry. Output from the 14 members of Organisation of Petroleum Exporting Countries fell by 170,000 barrels to

Gulf News

Oil extends rally after US rigs decline as Iran risks persist

03/04/2018

Oil’s rally above $65 a barrel is being propelled by a sign that American explorers have curtailed drilling activity as well as ongoing speculation that the US could reimpose sanctions on Opec produc

Gulf News

Opec seeks sustainable cooperation with other exporters

29/03/2018

The Organization of the Petroleum Exporting Countries (Opec) is seeking “very long-term” cooperation with other crude exporters, the secretary general of the oil exporting group said on Wednesday.

The Gulf Today

OPEC, Russia working on longer oil alliance

28/03/2018

Saudi Arabia and Russia are working on a long-term oil pact that could extend controls over world crude supplies by major exporters for up to 20 years, the Kingdom’s crown prince has said.

Arab News

Oil prices likely to rise into high 60s

27/03/2018

International oil prices are likely to tick up into the “high-sixties” further into 2018, according to Dr Mohammed bin Hamad al Rumhy, (pictured) Minister of Oil and Gas. Speaking at the opening of t

Oman Daily Observer

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap