LOC14:36
11:36 GMT
VIENNA, Dec 1 (KUNA) -- The OPEC daily basket price dropped by USD 3.19 Wednesday to settle at USD 71.01 per barrel, compared to USD 74.20 pb last Tuesday, as per the organization's daily bulletin.
The organization's bulletin also mentioned that the average annual price of the OPEC basket in 2020 was at USD 41.47 pb.
The OPEC+ alliance decided during a ministerial meeting, on November 4, to maintain the current oil production plan, designed to increase the output gradually.
The alliance's officials are scheduled to re-examine market status at another meeting due on December 2. (end)
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