The OPEC reference basket of crudes rose in price

The price of the OPEC reference basket of crudes according to calculations of the Secretariat of OPEC constituted on August 1, 2017 49,97 dollars for barrel, in comparison with the previous price on Friday - 49,46 dollars for barrel, it is reported on the website of shipping conference.

The cost of the OPEC reference basket of crudes is determined basing on the prices of Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), Iran Heavy (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).

Source: NEBIT-GAZ