The OPEC reference basket price Thursday, June 30, increased by $0,45, or 0.9%, to $of 46.27 per barrel, whereas in the previous trading day it was $45,82 per barrel, the materials on the website of the cartel.
The term “basket” of OPEC (OPEC Reference Basket of Mar) was officially introduced on 1 January 1987. The oil basket is a conditional mixture composed of marks of oil which deliver on the world market 13 countries in the cartel. A historical high for the basket of the cartel is a price mark of $140.73 a barrel, recorded July 3, 2008.
Oil OPEC basket is one of the key price indicators of the world oil market.
This morning, the world prices for “black gold” has risen in electronic trading on the London and new York exchanges. So, futures for oil Brent with delivery in August on the London exchange ICE Futures rose 0.39% to $49,98 per barrel. August futures on light crude oil WTI on the new York Mercantile exchange (NYMEX) rose by 0.6% and reached $48,62 per barrel, reports “Газета.Ru”.
Oil rose in price amid data showing a further rebalancing of supply and demand in the market.
