OPEC daily basket price stands at 43.31 USD per barrel

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VIENNA, July 10 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 43.31 U.S. dollars a barrel on Thursday, compared with 43.44 dollars on Wednesday, according to OPEC Secretariat calculations released Friday.

Also known as the OPEC reference basket of crude oil, the OPEC basket, a weighted average of oil prices from different OPEC members around the world, is used as an important benchmark for crude oil prices. Enditem

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