LOC15:05
12:05 GMT
VIENNA, May 2 (KUNA) -- The OPEC daily basket price gained USD 0.68 on Friday standing at USD 42.70 a barrel, compared to USD 42.02 on Thursday, the organization announced on Monday.
The annual average of the OPEC basket price hit USD 49.64 pb, it said in a press release.
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)
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