OPEC oil price goes up

The OPEC oil basket's price stood at $46 per barrel on June 6, or $0.27 more than on June 3, the cartel told Trend June 7.

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).

Global oil prices rose on June 7.

The price for July of the North Sea Brent oil mix increased by 1.83 percent - up to $50.5 per barrel, while the price of July futures for WTI oil increased by 2.26 percent - up to $49.72 per barrel June 7. (Trend.az)