OPEC crudes basket down 87 cents to USD 72.29 pb

(MENAFN - Kuwait News Agency (KUNA)) VIENNA, June 18 (KUNA) -- The OPEC basket of crudes went down 87 cents during trading sessions to close at USD 72.29 per barrel (pb) on Thursday, compared with USD 73.16 on last Wednesday, said the organization Friday.The annual price of the OPEC basket in 2020 was at USD 41.47 pb.The current oil prices are relatively high, compared to the prices two years ago, due to the advanced vaccinations campaigns against the Corona virus.OPEC+ members assured, at the conclusion of meeting earlier this month, commitment to a stable market that serves the interests of producers and consumers alike. (end) amg.aa MENAFN18062021000071011013ID1102303475