VIENNA, March 29 (KUNA) -- OPEC daily basket price stood at USD 48.84 a barrel Tuesday compared with USD 48.25 the previous day, said a statement by the international organization Wednesday.
According to OPEC's bulletin, the average monthly price of the organization's basket last February was USD 53.37 pb, while last January it reached USD 52.40 pb.
The annual rate of the organization's basket last year was at USD 40.76 pb.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), 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), Merey (Venezual), Girassol (Angola), and Oriente (Ecuador). (end) amg.gta