OPEC basket price up 89 cents to USD 29.19 pb

VIENNA, Feb 26 (KUNA) -- OPEC daily basket price rose on Thursday 89 cents and stood at USD 29.19 a barrel compared with USD 28.30 pb the previous day, said a statement by the organization Friday.
The annual average of the OPEC basket price hit USD 49.64 pb, it added.
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). (end) amg.tg