Market

OPEC price stood at USD 67.04 pb

VIENNA, OPEC daily basket price stood at USD 67.04 a barrel compared with USD 67.26 last Thursday, said a statement Monday.

The OPEC bulletin noted that the annual average price of the crudes’ basket stood at USD 64.04 pb the previous month.

The OPEC Reference Basket of Crudes (ORB) is made up 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), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

Source: Kuwait News Agency