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OPEC basket price rose more to $110.54 on Friday

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By Abdul Ahad
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LONDON: OPEC's reference crude oil basket price rose further to $110.54 a barrel on Friday from $108.08 the day before, OPEC said on Monday.

The reference basket comprises 12 crudes.

They are Algeria's Saharan Blend, Angola's Girassol, Iran Heavy, Iraq's Basra Light, Kuwait Export, Es Sider from Libya, Nigeria's Bonny Light, Qatar Marine, Saudi Arabia's Arab Light, Murban from the UAE, Venezuela's Merey and Oriente from Ecuador.

Copyright Reuters, 2011

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