OPEC basket price up 86 cents to USD36.36 pb


(MENAFN- Kuwait News Agency (KUNA)) VIENNA March 18 (KUNA) -- OPEC daily basket price rose on Thursday by 86 cents and stood at USD 36.36 a barrel compared with USD 33.50 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) amg.hs


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