OPEC basket price rose to 76.49 dollars on Monday

OPEC said on Tuesday to Reuters that the average price of OPEC basket of crudes has risen to record 76.49 dollars a barrel on Monday of 75.26 dollars last Friday. The OPEC basket comprises 12 types of production, (Sahara) of Algeria, Iran's heavy, Iraqi (Albesara), Kuwaiti crude export, Libyan crude (Seder), Nigerian (Pune), the Qatari sea crude, Saudi Arabian Light and (Meriat) crude, Venezuelan crude, (Girassol) of Angola and (Orient) of Ecuador.m.e