VIENNA – The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries rose to $49.63, the OPEC Secretariat said on Thursday.
OPEC said the price of its basket increased by $0.42 on Wednesday compared with the closing price at the previous session.
The June delivery of Brent crude opened at $51.62 per barrel at the start of Thursday’s trading on the futures market, a 0.13 percent decrease since the previous session’s close.
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