Middle East Economic Survey


No 38



Angolas Girassol Crude Oil Included In OPEC Basket

The OPEC Secretariat added Angolas Girassol crude oil (30.8 API) to the OPEC basket of crudes beginning 10 September, retroactive to 1 January 2007. Angola joined the organization as a full member as of 1 January of this year (MEES, 18 December 2006). Girassol is the 12th crude within the OPEC basket (see below). According to information made available by OPEC in its Annual Statistical...