(MENAFN- Kuwait News Agency (KUNA)) OPEC daily basket price went down by 24 cents to USD 105.77 a barrel on Friday from USD 106.01 last Thursday, the cartel said Monday.
The average annual prices of the new OPEC Reference Basket of Crudes (ORB) for last year stood at USD 107.46 pb, the global cartel said in its daily bulletin.
The OPEC crude basket is made up of 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).
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