OPEC oil price falls by half a dollar
January 8th, 2009 - 5:34 pm ICT by IANS ( Leave a comment )Vienna, Jan 8 (DPA) The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 0.52 dollars Wednesday, ending a rally in which the cartel’s basket price had gained nearly 13 dollars since Dec 24.One barrel (159 litres) of OPEC-produced crude stood at 45.75 dollars Wednesday, the Vienna-based organization announced Thursday.
OPEC calculates an average price based on 12 brands produced by its members. Indonesia suspended its membership as of Jan 1, as the country has become a net importer of oil.
- OPEC oil price inches towards $44 mark - Mar 06, 2009
- OPEC crude rises to $41.31 per barrel - Jan 15, 2009
- OPEC oil price jumps by more than $4 - Jan 05, 2009
- OPEC oil price dips below $40 - Jan 21, 2009
- OPEC oil price remains below $70 - Jun 17, 2009
- OPEC oil price sheds $1.64 - Jan 20, 2009
- OPEC oil price gains over $2 - Mar 05, 2009
- OPEC oil price rises above $44 - Mar 11, 2009
- OPEC crude price slides below $42 - Mar 04, 2009
- OPEC oil price jumps $2.45 - Feb 27, 2009
- OPEC oil price falls slightly to $43.15 - Mar 09, 2009
- OPEC oil price rises above $70 - Jun 19, 2009
- OPEC oil price climbs to $40.50 - Feb 26, 2009
- OPEC oil price creeps down - Jan 12, 2009
- OPEC oil price rises beyond $42 - Jan 19, 2009
Tags: based organization, cartel, dec 24, indonesia, opec, opec oil price, organization of the petroleum exporting countries, petroleum exporting countries, rally, vienna
