KUN:OPEC crude prices down USD 3.7 to USD 109.55 pb
VIENNA, June 17 (KUNA) -- The Organization of the Petroleum Exporting Countries (OPEC) said here Friday its 12 crude basket went down by USD 3.7 to USD 109.55 pb on Thursday.
Comparatively, the OPEC's basket prices were USD 112.62 pb on Wednesday, it said.
The annual basket price for 2010 was USD 77.45 pb, according to the daily bulletin of the global cartel issued here.
The OPEC basket comprises 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 (Venezuela).
At a meeting last week, OPEC oil ministers decided to maintain the cartel's output ceiling of 26 million barrels per day. (end) amg.mt KUNA 171117 Jun 11NNNN
