The price of OPEC basket of thirteen crudes stood at $44.37 a barrel on Monday, compared with $43.30 the previous Friday, according to OPEC Secretariat calculations, released today.

    The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Qatar Marine (Qatar), Murban (UAE), Saharan Blend (Algeria), Iran Heavy, Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Merey (Venezuela), Girassol (Angola), Oriente (Ecuador) and Minas (Indonesia).