The price of OPEC basket of twelve crudes stood at 56.06 dollars a barrel on Wednesday, compared with USD 55.59 the previous day, according to OPEC Secretariat calculations.
The average price of OPEC crude is estimated at USD 75.57 pb in November and USD 85.06 pb in October, 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).