OPEC basket price down to $74.05 per barrel
OPEC
Vienna - KUNA
OPEC daily basket price went down to USD 74.05 a barrel on Wednesday, compared with USD 74.36 pb a day earlier, the cartel said here on Thursday.
The annual rate of the OPEC basket price hit USD 105.85 pb, the OPEC said.
The new OPEC Reference Basket of Crudes (ORB) is made up of the following: 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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