* OPEC basket price to settle at 112.93 dollars on Thursday

January 13th, 2012 12:55 pm · Posted in NEWS: Dinar Currency & World Currency News 

Erbil, January 13 (Rn) – The OPEC basket price, which includes Basrah Light of Iraq on Thursday slightly record 112.93 dollars a barrel. and OPEC said on Friday that the price of its basket of crudes standard has been rising slightly to 112.93 dollars a barrel on Thursday from 112.90 dollar on Wednesday, as reported by “Reuters.”

consist of OPEC basket of 12 crude is a mix deserts of Algeria and crude Girassol Angolans and Iranian crude Heavy, Basra Light of Iraq and export of Kuwait and Sidr Libya and Bonny Light of Nigeria and sea country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente from Ecuador.and rose exports of crude oil of Iraq to 2.145 million barrels per day in December / December of 2.135 million barrels per day in October / November.

Iraq seeks to export 2.6 million barrels a day this year, according to the plan included in the budget of the country’s financial dependent on oil imports by 95 percent. Iraq is a member of OPEC and has the fourth-largest oil reserves in the world, and entered into agreements with global energy companies to raise production to 12 million barrels per day by 2017. Open: Abdullah Sabri

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