Wednesday, January 29, 2025

OPEC crude basket drops to $38.58

 April 14, 2016 - 8:40 PM EDT

Print

Email Article

Font Down

Font Up

OPEC crude basket drops to $38.58

Vienna, Apr 15 (EFE).- The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries (OPEC) has dropped to $38.58, the OPEC Secretariat said on Friday.

OPEC said the price of its basket, which includes 13 varieties of crude, decreased by $0.33 on Thursday, compared with the closing price of the previous session.

The June delivery of Brent crude opened at $43.89 a barrel at the start of Friday's trading on the futures market, an increase of 0.38 percent from the previous session's close. EFE

ll/is/ac

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Source: Equities.com News
(April 14, 2016 - 8:40 PM EDT)

News by QuoteMedia

www.quotemedia.com

Share: