LOC12:24
09:24 GMT
VIENNA, May 29 (KUNA) -- OPEC daily basket price stood at USD 49.48 per barrel Friday, compared with USD 51.24 pb the previous day, said the international organization Monday.
The monthly average of the basket in March of 2017 was at USD 50.32 pb while in April of 2017 it was at USD 51.37 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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