OPEC's oil price at $83 per barrel

GMT 15:02 2014 Monday ,20 October

Arab Today, arab today OPEC's oil price at $83 per barrel

Vienna - KUNA

Price of OPEC's basket of crudes stood at USD 83.19 a barrel Friday, compared with USD 81.17 the previous day, the cartel bulletin said in a statement on Monday.
The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, in 1960, by the oil-producing countries; Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The organization, which oversees market conditions and oil prices, now comprises 12 oil-rich nations.
The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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).

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab