OPEC daily basket price down 60 cents, settles at $101.07 pb
Vienna - KUNA
OPEC daily basket price lost 60 cents last Friday and stood at USD 101.07 a barrel compared with USD 101.67 pb the previous day, the cartel bulletin said on Monday. OPEC's 12-crude basket includes Saharan Blend (Algerian), 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), Merey (Venezuela), Girassol (Angola), and Oriente (Ecuador). OPEC ministers decided, at their second meeting last December, to keep the production cap without a change at 30 million bpd.
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