News Shafaq/ Basra Light Price dropped Thursday, registering the highest price among OPEC members.
As for OPEC prices,
OPEC Members | Last | Oil price/barrel ($) |
Iraq | Basra Light | 75.21 |
Iraq | Basra Heavy | 68.24 |
KSA | Arab Extra Light | 74.44 |
Iran | Iran Heavy | 70.22 |
UAE | Murban | 74.18 |
Algeria | Saharan | 75.19 |
Nigeria | Bonny light | 74.64 |
Angola | Girasol | 74.6 |
It is worth noting that Iraq decided last week to reduce the official selling price of Basra crude to Asia during October, $1.40 less than the September price.