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OPEC crude basket rises to more than $3
Shafaq News/ The prices of the OPEC crude oil basket rose, on Thursday, to more than 3 dollars, to record 106 dollars 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 13 barrels of crude recorded 106.07 dollars per barrel," noting that "the price rose from the previous day by 3.66 dollars, after it recorded 102.41 dollars."
Oil prices rose globally after the International Energy Agency warned on Wednesday that from May onwards nearly three million barrels per day of Russian oil supplies could be cut off due to sanctions and a voluntary embargo.
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 Light (Iraq), Kuwait Export (Kuwait), Es Sidr (Libya), Pune Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Miri (Venezuela).
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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 13 barrels of crude recorded 106.07 dollars per barrel," noting that "the price rose from the previous day by 3.66 dollars, after it recorded 102.41 dollars."
Oil prices rose globally after the International Energy Agency warned on Wednesday that from May onwards nearly three million barrels per day of Russian oil supplies could be cut off due to sanctions and a voluntary embargo.
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 Light (Iraq), Kuwait Export (Kuwait), Es Sidr (Libya), Pune Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Miri (Venezuela).
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