OPEC oil price up USD 2.13 to USD 44.34 pb

VIENNA, Sept 30 (KUNA) -- OPEC daily basket price went up 2.13 on Thursday and stood at USD 44.34 a barrel compared with USD 42.21 the previous day, the organization said in a statement on Friday.
The 170th (Extraordinary) Meeting of the OPEC Conference opted Wednesday for an OPEC-14 production target ranging between 32.5 and 33.0 million barrel per day, in order to accelerate the ongoing drawdown of the stock overhang and bring the rebalancing forward.
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 (Venezual). (end) amq.tg