OPEC crude price falls to $57.77

November 5th, 2008 - 8:38 pm ICT by IANS  

Vienna, Nov 5 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell to $57.77 Tuesday, the oil cartel said Wednesday.One barrel (159 litres) of OPEC crude fell by $1.26 Tuesday from $59.03 Monday.

OPEC calculates an average basket price based on 13 important brands produced by its members.

Related Stories

Tags: , , , , , , ,

Posted in Business |

Subscribe