(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Nov 29 (KUNA) -- The OPEC daily basket price lost 20 cents to stand at USD 61.31 a barrel on Tuesday, compared with USD 61.64 pb on last Monday, the OPEC said Wednesday.
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.gta
MENAFN2911201700710000ID1096164141
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.