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OPEC basket price falls to $97.44 on Friday

OPEC-output-hits-new-high

OPEC's reference crude oil basket price fell more to $97.44 a barrel on Friday, from $101.06 a barrel the previous day, OPEC said on Monday.

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June 4, 2012 5:33 by



OPEC’s reference crude oil basket price fell more to $97.44 a barrel on Friday, from $101.06 a barrel the previous day, OPEC said on Monday. 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.

(Editing by Alison Birrane



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