OPEC crude up USD 2.72 to USD 104.53 pb

The price of the 12-crudes basket of the Organization of Petroleum Exporting Countries (OPEC) announced on Wednesday, that prices were up USD 2.72 on Tuesday settling at USD 104.53 compared to USD 101.81 pb on Monday. OPEC''s Friday''s bulletin said the basket average price for the year came to USD 77.45 pb. The cartel''s basket of 12 crudes produced by OPEC members includes with Kuwait crude each of Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela)