OPEC Daily Basket Price Close At $109.77/b

The price of OPEC basket of twelve crudes stood at 109.77 dollars a barrel on Thursday, compared with $110.24 the previous day, 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