LOC15:31
12:31 GMT
VIENNA, April 25 (KUNA) -- The OPEC daily basket price stood at USD 49.64 a barrel on Monday, compared with USD 49.99 the previous Friday, OPEC said on Tuesday.
The average annual rate of the basket for 2016 was USD 40.76 pb, it added in a statement.
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 (Venezuela), Girassol (Angola), and Oriente (Ecuador). (end)
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