The price for August futures of the North Sea Brent oil mix increased by 0.89 percent - to $50.08 per barrel, while the price of July futures for WTI oil increased by 1.05 percent - to $49.13 per barrel June 6.
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OPEC oil price goes up
06 June 2016
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OPEC oil basket`s price stood at $45.73 per barrel on June 3, or $0.15 more than on June 2, the cartel told on June 6.
The OPEC Reference Basket (ORB) is made up of the following oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
The price for August futures of the North Sea Brent oil mix increased by 0.89 percent - to $50.08 per barrel, while the price of July futures for WTI oil increased by 1.05 percent - to $49.13 per barrel June 6.
The price for August futures of the North Sea Brent oil mix increased by 0.89 percent - to $50.08 per barrel, while the price of July futures for WTI oil increased by 1.05 percent - to $49.13 per barrel June 6.
