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- Dubai 04:32 05:49 12:21 15:48 18:47 20:04
Opec has a comfortable spare capacity and supplies are flowing, says Badri (AP)
The price of OPEC basket of fourteen crudes stood at US$63.55 a barrel on Friday, 5th July, compared with $63.43 the previous day, according to OPEC Secretariat calculations.
The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy crudes, including the UAE’s Murban.
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