OPEC crude basket rises to $50.82

Vienna, Sep 6 (IANS) The basket of crude oil used as a benchmark indicator by the Organisation of Petroleum Exporting Countries rose to $50.82, the OPEC Secretariat said on Wednesday.

OPEC said the price of its basket went up by 1.2 per cent on Tuesday compared to the closing price at the previous session, Efe news reported.

The October delivery of Brent crude opened at $53.19 per barrel at the start of Wednesday's trading on the futures market, a 0.35 per cent decrease since the previous session's close.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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