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.