decrease of the current price of a barrel of crude
The current price of a barrel of WTI crude oil, U.S. Texas Intermediate reference data were negative, dropping to $ 0.41 to settle at $ 113.52 and the price per barrel of crude on the New York market.
The experts noted that the decrease of the current price of a barrel of crude was due to the death of top leader of Al Qaeda, Osama Bin Laden, which has affected the market volatile and maintained.
On the other hand the current price of a barrel of Brent crude (London) European reference data were negative to be less than $ 0.78 a low rate of 0.61% to price and settle at $ 125.11 per barrel of oil on the London market.
While the basket of OPEC, Organization of Petroleum Exporting Countries showed negative figures to come down and settle at $ 120.35 compared with $ 120.91 the previous day. The OPEC basket comprises 12 types of oil:
The Algerian Saharan Blend, Iran Iran Heavy, Iraq’s Basra Light, Kuwait Export, Es Sider Libyan, Nigerian Bonny Light, Qatar Marine, Saudi Arab Light, Murban United Arab Emirates, Venezuela Merey, and east of the Angolan Girassol ‘Ecuador.
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