OPEC basket price fell more to $55.90 on Tuesday

LONDON: OPEC's reference crude oil basket price dropped further to $55.90 a barrel on Tuesday from $56.80 the day before, OPEC said on Wednesday.

The reference basket comprises 13 crudes. They are Algeria's Saharan Blend, Angola's Girassol, Indonesia's Minas, Iran Heavy, Iraq's Basra Light, Kuwait Export, Es Sider from Libya, Nigeria's Bonny Light, Qatar Marine, Saudi Arabia's Arab Light, Murban from the UAE, BCF 17 from Venezuela and Oriente from Ecuador.