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The average oil price of the Organization of Petroleum Exporting Countries (OPEC) on Friday remained unchanged at -72.15 dollars a barrel, the cartel informs on its website today
Thursday , a barrel of the OPEC basket was traded To determine the price of OPEC oil, we use a basket of oil composed of 14 varieties of petroleum products to be exported to the members of the OPEC. Agreement: Arab Light (Saudi Arabia), Basra Lair (Iraq), Bonny Lack (Nigeria), Es Sider (Libya), Girasol (Angola), Iranian Heavy (Iran), Kuwait Export (Kuwait), Merey (UAE) , Oriental (Ecuador), Qatar Marine (Qatar), Shaharan Blend or Saharan Blend (Algeria), Rabbi Luk (Gabon) and Zafiro (Equatorial Guinea)
The historical maximum for "The OPEC Basket" is the price of $ 140.73 per barrel reported on July 3, 2008.
The price of oil barrel is determined by subtracting an average Price arithmetic at the time of closing of the trade with all varieties of the basket of the previous working day of OPEC
Source: BTA
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