(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Dec 21 (KUNA) -- The OPEC daily basket price last Wednesday was up 12 cents to reach USD 62.16 per barrel (pb) compared with USD 61.72 pb the day before, the OPEC said Thursday.
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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