The price of The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 98.27 dollars per barrel as at Thursday, Sept. 1.
The price dropped from 101.04 dollars per barrel of it sold on Wednesday.
OPEC Secretariat calculations reveals on Friday.
The OPEC Reference Basket of Crudes (ORB) is made up of the Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), and Iran Heavy (Islamic Republic of Iran).
Others are Basrah Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia) and Murban (UAE) and Merey (Venezuela).
