OPEC basket price declines 29 cents, stable at 58.79 pb

VIENNA, Dec 7 (KUNA) -- OPEC daily 15-crude basket price declined 29 cents and stood at USD 58.79 a barrel Thursday, compared with USD 60.08 pb in the previous day.
On Friday, OPEC bulletin said the annual average for the basket during last year was USD 52.43 pb.
The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), 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 (Venezuela). (end) amq.mb