THISDAY

OPEC DAILY BASKET PRICE

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The price of OPEC basket of twelve crudes stood at 56.93 dollars a barrel on Monday, compared with $56.83 the previous Friday, according to OPEC Secretaria­t calculatio­ns. The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), 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).

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