(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Dec 19 (KUNA) -- The OPEC daily basket price last Monday was up 16 cents to reach USD 61.64 per barrel (pb) compared with USD 61.48 pb last Friday, the OPEC said Tuesday.
The average annual rate of the basket, in 2016, hit USD 40.76 pb, it added.
OPEC's Reference Basket of Crudes (ORB) is made up of Kuwait Export (Kuwait), Saharan Blend (Algeria), Iran Heavy (Iran), Basra Light (Iraq), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE), Merey (Venezuela), Girassol (Angola), and Oriente (Ecuador). (end) amg.hb
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