The OPEC daily basket price went up by 28 cents to USD 107.72 per barrel on Monday compared with USD 108.00 the previous Friday, the cartel said. The annual rate for the OPEC basket price hit USD 109.45 pb last year, it added. The new OPEC Reference Basket of Crudes (ORB) is made up of the following: 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).