Price of the 12-crudes basket of the Organization of Petroleum Exporting Countries (OPEC) dropped USD 0.54 on Friday settling at USD 101.57 compared to USD 103.11 pb on Thursday, the cartel said on Monday. OPEC\'\'s bulletin said the basket average price for the year came to USD 77.45 pb. Basket of 12 crudes produced by OPEC members, includes Kuwait along with Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Islamic Republic of Iran), Basra Light (Iraq), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela).