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OPEC daily basket oil price closes at $59.09 per barrel

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*The Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria. REUTERS/Heinz-Peter Bader

Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $59.09 a barrel on Monday, compared with $58.59 the previous Friday, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), 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), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).


OPEC daily basket oil price closes at $59.09 per barrel OPEC daily basket oil price closes at $59.09 per barrel Reviewed by Crude Oil Brokers on 11:08 Rating: 5

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