ESPACIO PUBLICITARIO
CARACAS, Friday February 08, 2013 | Update
 
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HYDROCARBONS | On Wednesday, it averaged USD 113.10

OPEC's oil basket stands at USD 113.67 per barrel

The Organization of Petroleum Exporting Countries (OPEC) reference basket rebounded USD 0.57 on Thursday

The basket rose 0.47% (File photo)
EL UNIVERSAL
Friday February 08, 2013  11:01 AM
The Organization of Petroleum Exporting Countries (OPEC) reference basket rebounded USD 0.57 (0.47%) on Thursday and averaged USD 113.67% after standing on Wednesday at USD 113.10, the organization posted on its website.

OPEC's basket includes twelve products: Saharan Blend, Algeria; Iran Heavy, Iran; Basra Light, Iraq; Kuwait Export, Kuwait; Es Sider, Libya; Bonny Light, Nigeria; Marine, Qatar; Arab Light, Saudi Arabia; Murban, United Arab Emirates; Merey, Venezuela; Girassol, Angolia; and Oriente, Ecuador.

Translated by Jhean Cabrera
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"Cocoa is to Venezuelans what wine is to the French," says Alejandro Prosperi, head of the Venezuelan Chamber of Cocoa, using this simile to express the paramount importance or the cocoa industry for the country. Often times heralded as "the best cocoa in the world," a passion for quality dating back to the sixteenth century has made Venezuelan cocoa growers to enjoy high prestige at international level and their product to be among the most sought-after in the world.

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