High price of OPEC basket of $ 106.98 to
On: Friday 23/12/2011 6:00
The price of OPEC basket, which includes the Iraqi Basrah Light yesterday to 106.98 dollars a barrel.
and OPEC said yesterday that the price of its basket of crudes rose to 106.98 dollars a barrel from 105.05 dollars the previous session.
It consists of OPEC basket of 12 crude is a mix deserts of Algeria and Girassol Angolans and Iran's heavy crude, Basra Light Iraqi crude exports Kuwaiti Sidr Libya and Bonny Light of Nigeria and sea country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente of Ecuador.
The Iraq's oil production is currently about 2.8 million barrels a day, first time I had reached this level in 20 years thanks to increased investment and the decline of violence.
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