LOC12:48
09:48 GMT
VIENNA, April 27 (KUNA) -- OPEC daily basket price stood at USD 49.63 a barrel Wednesday, compared with USD 49.21 per barrel the previous day, the organization said in a report released on Thursday.
The average annual rate of the basket for 2016 was USD 40.76 pb.
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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