OPEC price down 14 cents to USD 60.73 pb


Date : 07/12/2017

VIENNA, Dec 7 (KUNA) -- The OPEC daily basket price went down 14 cents to reach USD 60.73 per barrel (pb) on Wednesday, compared with USD 60.87 pb on Tuesday, the OPEC said Thursday.
The average annual rate of the basket, in 2016, hit USD 40.76 pb, it added.
OPEC's Reference Basket of Crudes (ORB) is made up of Kuwait Export (Kuwait), Saharan Blend (Algeria), Iran Heavy (Iran), Basra Light (Iraq), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE), Merey (Venezuela), Girassol (Angola), and Oriente (Ecuador). (end) amg.hb