News Shafaq/ Basra Light Price climbed Wednesday, registering the highest price among OPEC members.
As for OPEC prices,
OPEC Members | Last | Oil price/barrel ($) |
Iraq | Basra Light | 73.33 |
Iraq | Basra Heavy | 67.58 |
KSA | Arab Extra Light | 73.72 |
Iran | Iran Heavy | 68.29 |
UAE | Murban | 74.06 |
Nigeria | Bonny light | 72.55 |
Angola | Girasol | 72.88 |
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.