OPEC Daily Basket Price Stood at $59.05 a Barrel

The price of OPEC basket of eleven crudes stood at 59.05 dollars a barrel on Monday, 15 Aug 2005, compared with 59.14 dollars the previous Friday, 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, 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).

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