OPEC basket price at USD 61.09 pb

VIENNA, The OPEC daily basket price rose Tuesday 52 cents and stood at USD 61.09 a barrel, compared to USD 60.57 last Monday, OPEC said on Wednesday.

The average annual rate of the OPEC basket price was 52.43 a barrel, it said in its bulletin.

The OPEC Reference Basket of Crude (ORB) is made of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), 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).

Source: Kuwait News Agency