OPEC's daily basket price up to 31.02 dollars

Vienna, Jan 20, IRNA -- The price of the OPEC basket of seven
crudes stood at 31.02 dollars a barrel on Friday compared with
the 30.87 dollars of the previous day, according to OPEC Secretariat calculations here Monday.

The basket price in the last 30 working days in dlrs:

Wed 04 December 25.53
Thu 05 December 25.95
Fri 06 December 25.88
Mon 09 December 26.20
Tue 10 December 26.45
Wed 11 December 26.70
Thu 12 December 27.06
Fri 13 December 27.62
Mon 16 December 28.61
Tue 17 December 28.76
Wed 18 December 29.12
Thu 19 December 29.56
Fri 20 December 29.64
Mon 23 December 30.62
Tue 24 December 30.94
Thu 26 December 30.69
Fri 27 December 31.06
Mon 30 December 30.42
Tue 31 December 29.85
Thu 02 January 30.05
Fri 03 January 30.83
Mon 06 January 30.71
Tue 07 January 29.72
Wed 08 January 28.86
Thu 09 January 29.51
Fri 10 January 29.82
Mon 13 January 29.82
Tue 14 January 30.21
Wed 15 January 30.66
Thu 16 January 30.87

For the first quarter of 2002, the basket price averaged dlrs
19.83 a barrel as opposed to dlrs 18.38 in the 4th quarter of 2001.
For 2001 as a whole, the price of the basket averaged dlrs
23.12 a barrel, compared with dlrs 27.60 in 2000, dlrs 17.47 in 1999 and dlrs 12.28 in 1998.

The OPEC basket comprises Algeria's Saharan Blend, Indonesia's Minas, Nigeria's Bonny Light, Saudi Arabian Light, Dubai of the United Arab Emirates, Venezuela's Ti Juana and Mexico's Istmus Crude.
MN/LS
End