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OPEC basket price edged lower to $107.52 on Friday

LONDON : OPEC's reference crude oil basket price edged lower to $107.52 barrel on Friday from $107.61 in the previous se

Published August 29, 2011 Updated August 29, 2011 08:10am

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By Shoaib Ur Rehman

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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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