Daily price of OPEC's oil crudes stood at $ 45. 03 a barrel Tuesday, compared with $43.92 per barrel the previous day, said the organization's bulletin on Wednesday.

Average annual rate of OPEC's basket of crudes, in 2015, stood at $ 49.64 pb. The new OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Rabi Light (Gabon), 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).

Source : XINHUA