OPEC crudes’ basket down to 102.66 pb

Vienna: The price of OPEC’s basket of oils went down by 75 cents to reach USD 102.66 per barrel Thursday against USD 104.41 pb the day before, announced the organization Friday.

The Organization of Petroleum Exporting Countries said in its bulletin that the annual average rate of the crudes basket, last year reached USD 69.89 pb.

The OPEC+ alliance countries agreed on their 30th ministerial meeting to increase their production by 648,000 barrels for July and August.

Back to top button