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Shafaq News/ The prices of the OPEC crude oil basket rose slightly, on Tuesday, to record more than $100 per barrel.
And the Organization of the Petroleum Exporting Countries stated in a report seen by Shafak News Agency, that "the price of the OPEC basket of thirteen barrels of crude recorded 100.08 dollars per barrel," noting that "the price rose from the previous day by 2 cents, after it recorded 100.06 dollars."
Oil prices rose after OPEC announced that it was unable to replace Russian oil, in addition to China easing some restrictions related to Covid-19.
The Organization of Petroleum Exporting Countries (OPEC) reference basket consists of the following: Sahara Blend (Algeria), Girasole (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabie Lite (Gabon), Heavy Iran (Islamic Republic of Iran) Basra Al Khafeef (Iraq), Kuwait Export (Kuwait), Es Sidr (Libya), Pune Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Miri (Venezuela).
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A slight increase in the OPEC crude basket
Shafaq News/ The prices of the OPEC crude oil basket rose slightly, on Tuesday, to record more than $100 per barrel.
And the Organization of the Petroleum Exporting Countries stated in a report seen by Shafak News Agency, that "the price of the OPEC basket of thirteen barrels of crude recorded 100.08 dollars per barrel," noting that "the price rose from the previous day by 2 cents, after it recorded 100.06 dollars."
Oil prices rose after OPEC announced that it was unable to replace Russian oil, in addition to China easing some restrictions related to Covid-19.
The Organization of Petroleum Exporting Countries (OPEC) reference basket consists of the following: Sahara Blend (Algeria), Girasole (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabie Lite (Gabon), Heavy Iran (Islamic Republic of Iran) Basra Al Khafeef (Iraq), Kuwait Export (Kuwait), Es Sidr (Libya), Pune Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Miri (Venezuela).
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