The continuation of the downward trend in oil prices

The continuation of the downward trend in oil prices

The continuation of the downward trend in oil prices

citing the Secretariat of the Organization of Petroleum Exporting Countries (OPEC), the price of the OPEC oil basket was recorded at 99 dollars and 3 cents yesterday, while it was 99 dollars and 84 cents on Monday (September 14).

OPEC’s oil portfolio includes 13 types of crude oil among the members of this organization, including Algerian Blend, Angola’s Girasol, Gabon’s Rabi Style, Indonesia’s Minas, Iran’s Sangin, Basra Style, Kuwait Export, Libya’s Al Sidr, Nigeria’s Boni Style, Saudi Arabia’s Style, UAE’s Morban, Meri Venezuela and Congolese.

Brent and West Texas Intermediate (WTI) crude oil prices today (Wednesday, September 16) and up to the moment of publishing this news were $93.9 cents and $87.11 cents per barrel, respectively.

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