VIENNA, Oct 18 (KUNA) -- The OPEC daily basket price rose by USD 1.04 to USD 83.54 a barrel on Friday, compared with USD 82.50 Thursday, said the organization on Monday.
It added in its daily bulletin that the annual average of the OPEC basket for 2020 amounted to USD 41.47 per barrel.
On October 4, the "OPEC+" decided to maintain compliance with the current production plan targeting a phased-out output rise of roughly 400,000 bpd in November.
OPEC oil ministers are expected to meet on November fourth to assess the situation of the global oil market and the performance of the OPEC+ members. (end)