OPEC daily basket price stands at $108.11 a barrel Wednesday

Vienna, The Gulf Observer: The price of OPEC basket of thirteen crudes stood at US$108.11 a barrel on Wednesday, compared with US$109.35 the previous day, according to OPEC Secretariat calculations.

The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).