Sharjah 24 – WAM: according to OPEC Secretariat calculations, the price of OPEC basket of thirteen crudes stood at US$71.27 a barrel on Wednesday, 1st September, compared with US$71.43 the previous day.
The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).