OPEC oil price up by $1.3

OPEC oil basket's price stood at $36.01 per barrel on Apr. 8, or $1.3 more than on Apr. 7, the cartel has told Trend.

The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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, on Apr. 11, global oil prices showed negative dynamics.

The price for June futures of the North Sea Brent oil mix fell by 0.93 percent to $41.55 per barrel, while the price of May futures for WTI decreased by 0.93 percent to $39.35 per barrel as of 11:40 (GMT +4) on Apr. 11.

Source: Trend

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