OPEC's oil basket stands at USD 113.67 per barrel
The Organization of Petroleum Exporting Countries (OPEC) reference basket rebounded USD 0.57 on Thursday
OPEC's basket includes twelve products: Saharan Blend, Algeria; Iran Heavy, Iran; Basra Light, Iraq; Kuwait Export, Kuwait; Es Sider, Libya; Bonny Light, Nigeria; Marine, Qatar; Arab Light, Saudi Arabia; Murban, United Arab Emirates; Merey, Venezuela; Girassol, Angolia; and Oriente, Ecuador.
Translated by Jhean Cabrera
According to inner surveys performed by the Venezuelan Association of Metallurgical and Mining Industries (AIMM), where 160 metallurgic companies were taken into consideration, 90% of the companies members of this association are "distressed because of their existence or survival in the short term," stated Manuel Eseverri, president of this association.