Medical Management

OPEC oil price decreases

OPEC oil basket’s price stood at $42.21 per barrel on July 11 or $0.38 less than on July 8, the cartel told Trend July 12.

The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), 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 Merey (Venezuela).

However, oil prices have been increasing today.

Source: Trend

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