The Organization of the Petroleum Exporting Countries (OPEC) said Tuesday that its basket price of thirteen crudes stood at $46.25 a barrel on Monday, compared with $47.05 the previous Friday, according to OPEC Secretariat calculations.

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