/IRBIS, February 1, 2010/ - The cost of the OPEC basket, consisting of 12 varieties of oil, on Jan. 29 was $ 71.01 per barrel, said in a report published today by the cartel. Price of a barrel of OPEC oil fell by $ 0.39.

In assessing the value of the OPEC basket oil price accounted for the following grades of oil: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of 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).

The highest price for a barrel of oil OPEC was established 03 July 2008 and amounted to $ 140.73 a barrel. Following the 2009 average price per barrel was half the maximum - $ 61.06 per barrel.

Recall that trade results January 29 price of a barrel of oil on the NYMEX (New York) was $ 72.89 (for delivery in February 2010), the ICE (London) - $ 71.46 (for delivery in March 2010).

[2010-02-01]