OPEC daily basket price hits $97.34 per barrel

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    Vienna, (IANS/WAM) The price of 12-crude basket of the Organisation of Petroleum Exporting Countries (OPEC) Monday stood at $97.34 per barrel.

    Last Friday, the basket price was $95.87 per barrel, according to the OPEC Secretariat.

    The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (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).