OPEC crude price down by $1.91 to $68.89 per barrel
OPEC
Vienna - KUNA
OPEC daily basket price went up by USD 1.91 to USD 68.89 a barrel on Friday compared to USD 70.80 the previous day, the cartel said here on Monday.
The monthly rate of the OPEC crude basket hit USD 85.06 a barrel in October and USD 95.98 a barrel in September, it said.
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 (Venez).
During their recent meeting, OPEC oil ministers decided to maintain the cartel's production level at 30 million barrels per day.
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