The OPEC reference basket of crudes rose in price

The price of the OPEC reference basket of crudes constituted on 11th of July 44,79 dollars for barrel, that is 0,02 dollars more than an indicator of Monday, on Wednesday shipping conference told it to Trend.

The cost of the OPEC reference basket of crudes is determined based on the prices of Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

World oil prices grow on Wednesday morning as investors expect the publication of statistics from the USA on oil inventories in a week.

As of 11:40, the cost of September futures for the North Sea oil mixture of the Brent brand grew for 1,64 percent — up to 48,3 dollars for barrel. The price of August futures for WTI crude oil increased by 1,89 percent — up to 45,89 dollars for barrel.

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2014