News Shafaq/ Basra Light Price climbed 1.46$Wednesday,still registering one of the highest prices among OPEC members.
As for OPEC prices,
OPEC Members | Last | Oil price/barrel ($) |
Iraq | Basra Light | 81.09 |
Iraq | Basra Heavy | 75.06 |
KSA | Arab Extra Light | 79. 97 |
Iran | Iran Heavy | 78. 39 |
UAE | Murban | 80.41 |
Algeria | Saharan | 83.01 |
Nigeria | Bonny light | 82.08 |
Angola | Girasol | 82.81 |
It is worth noting that Iraq decided two weeks ago to reduce the official selling price of Basra crude to Asia during October, $1.40 less than the September price.