VIENNA, The OPEC basket went up by 88 cents to 70.59 per barrel (pb) on Wednesday as opposed to USD 69.71 pb last Tuesday, said the bulletin for the international organization Thursday.

Annual price of the OPEC basket in 2020 was at USD 41.47 pb.

The OPEC basket consists of Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

Source: Kuwait News Agency