Markets

OPEC basket price rose to $106.53

LONDON : OPEC's reference crude oil basket price rose to $106.53 barrel on Wednesday from $105.91 in the previous sessio

Published August 25, 2011 Updated August 25, 2011 08:42am

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By Syed Murtaza Gheblehzadeh

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The reference basket comprises 12 crudes: 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.

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