OPEC crudes' price at USD 54.87 pb

VIENNA, Jan 27 (KUNA) -- OPEC daily basket price stood at USD 54.87 per barrel (pb) Tuesday, compared with USD 54.85 pb the previous day, said the OPEC Secretariat on Wednesday.
OPEC annual price in 2019 was USD 41,47 pb.
Oil prices are still affected by the chances of rapid approval of a new economic stimulus after Biden took office.
Economic analysts say that the continuing rise in Coronavirus infections continues to raise doubts in global crude demands.
OPEC countries are still restricted by reduced production qoutas and gradually return two million barrels per day to the market. (end) amq.sam