23/09/2017 11:11 AST

The price of OPEC basket of fourteen crudes stood at US$54.59 a barrel on Thursday, compared with $54.06 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), and Merey (Venezuela).


WAM

Ticker Price Volume
APPC 53.10 247,824
QNBK 175.00 523,282
SOCCO 33.30 151,210
SALAMA 16.94 1,350,890
ALMARAI 47.85 497,005
SABIC 122.40 2,547,798
DARALARKAN 9.44 18,192,290
(In US Dollar) Change Change(%)
Brent 78.7 -0.7 -0.88
WTI 70.8 -0.32 -0.45
OPEC Basket 77.13 0.07 0.09
Oman crude oil averages $72.64/b in August

18/09/2018

The average price for Oman Crude Oil Future Contracts at the Dubai Mercantile Exchange (DME) witnessed a price drop by 0.7 per cent in August, compared with corresponding figures for July, according

Oman Daily Observer

Upside risk for Brent to rise above $85 due to Iran sanctions

17/09/2018

Brent, the international benchmark for crude oil, could to rise above $85 (Dh312) per barrel in the coming months due to a combination of US sanctions on Iran and a potential Opec supply crunch, anal

Gulf News

Qatar begins regular LNG shipments to Bangladesh

11/09/2018

Qatar has begun regular shipments of liquefied natural gas (LNG) to Bangladesh. An LNG cargo loaded over the weekend from Qatar’s RasGas production facility and will be the first of about three 140,0

The Peninsula

Saudi Arabia raises Oct crude prices to Europe, cuts Asia

06/09/2018

Saudi Aramco has raised the European price for its Arab Light crude grade for October, the state oil producer said on Wednesday, as Russian Urals prices rally and European refiners seek to replace Ir

Arab News

Brent nears $80 as Gulf of Mexico rigs evacuated

05/09/2018

Brent crude prices jumped to near $80 per barrel on Tuesday after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane. US light crude rose $1.31 a barrel from Friday’s c

Gulf News