OPEC basket price up 46 cents to USD31.59 pb
(MENAFN- Kuwait News Agency (KUNA)) VIENNA March 3 (KUNA) -- OPEC daily basket price rose on Wednesday by 46 cents and stood at USD 31.59 a barrel on Monday compared with USD 30.13 pb the previous day said a statement by the organization Friday.The annual average of the OPEC basket price hit USD 49.64 pb it added.The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria) Girassol (Angola) Oriente (Ecuador) Iran Heavy (Islamic Republic of Iran) Basra Light (Iraq) Kuwait Export (Kuwait) Es Sider (Libya) Bonny Light (Nigeria) Qatar Marine (Qatar) Arab Light (Saudi Arabia) Murban (UAE) and Merey (Venezuela). (end) lb
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