The OPEC news agency reported Wednesday, that the daily price of OPEC's basket of seven cruds when up 311c to $31.85 per barrel Tuesday, up 31c from Monday's $31.54 per barrel.
The OPEC basket comprises Algeria's Saharan Blend, Indonesia's Minas, Nigeria's Bonny Light, Saudi Arabian Light, Dubai of the United Arab Emirates, Mexico's Isthmus cruds and Venezuela's Tia Juana.
© 2000 Mena Report (www.menareport.com)