text: OPEC basket price $ 24.20 on Thursday . LONDON 1996-12-06 The price of the OPEC basket of seven crudes stood at $ 24.20 a barrel on Thursday , against $ 23.47 on Wednesday , the OPECNA news agency said , quoting the OPEC secretariat . The basket comprises Algeria 's Saharan Blend , Indonesia 's Minas , Nigeria 's Bonny Light , Saudi Arabia 's Arabian Light , Dubai of the UAE , Venezuela 's Tia Juana and Mexico 's Isthmus . -- London Newsroom +44 171 542 7630