OPEC DAILY BAS­KET PRICE

AS AT 27 JULY 2017

THISDAY - - BUSI­NESS/ MONEY GUIDE -

The price of OPEC bas­ket of four­teen crudes stood at $48.88 a bar­rel on Thursday, com­pared with $48.51 the pre­vi­ous day, ac­cord­ing to OPEC Sec­re­tariat cal­cu­la­tions. The new OPEC Ref­er­ence Bas­ket of Crudes (ORB) is made up of the fol­low­ing: Sa­ha­ran Blend (Al­ge­ria), Gi­ras­sol (An­gola), Ori­ente (Ecuador), Rabi Light (Gabon), Mi­nas (In­done­sia), Iran Heavy (Is­lamic Repub­lic of Iran), Basra Light (Iraq), Kuwait Ex­port (Kuwait), Es Sider (Libya), Bonny Light (Nige­ria), Qatar Ma­rine (Qatar), Arab Light (Saudi Ara­bia), Mur­ban (UAE) and Merey (Venezuela).

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