OPEC basket price falls to 101.81 dollars a barrel
27/09/2011 12:40
Erbil, 27 September / October (Rn) - fall in the price of OPEC basket, which includes Basrah Light of Iraq on Monday to 101.81 dollars a barrel. and OPEC said Tuesday that the price of its basket of crudes fell to 101.81 dollars a barrel on Monday from 104.37 dollars a barrel on Friday, as reported, "Reuters." The OPEC basket includes 12 types of crude oil is a mixture deserts of Algeria, Girassol Angolans and Iranian Heavy, Basra Light Iraqi crude export Kuwaiti Sidr Libya and Bonnie light Nigerian crude maritime country and Arab Light Saudi Murban UAE and Mary from Venezuela and Oriente from Ecuador. Iraq currently produces about 2.7 million barrels per day of crude oil and is exporting less than two million barrels, an oil imports 95 percent of the state budget. An official at NOC on Monday that exports of crude oil from the Kurdistan region now stands at 100 thousand barrels per day on average , having fallen to between 50 and 60 thousand barrels per day earlier this month, compared with 160 thousand in the August / August Open: Abdullah Sabri
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