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OPEC Daily Basket Price Stood at $56.57 a Barrel Wednesday, February 28, 2007


March 2007
 Filed under: FUEL AND ECONOMY Car News | FUEL AND ECONOMY Headlines
Vienna, Thursday, 1 March 2007 -- The price of OPEC basket of eleven crudes stood at 56.57 dollars a barrel on Wednesday compared with 57.09 dollars the previous day, according to OPEC Secretariat calculations.
The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Minas (Indonesia), 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 BCF 17 (Venezuela).

Source: Organization of the Petroleum Exporting Countries (OPEC)

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