Daily basket price of OPEC draws lower

  • On Friday, December 19, 12 crude oil baskets of the Organisation of Petroleum Exporting Countries (OPEC) came down to $55.52 per barrel in comparison to $56.30 last Thursday, media reports say. A barrel is equal to 159 liters.

    The latest reference basket of OPEC consists of 12 Countries, namely Algeria, Nigeria, Qatar, and others.