OPEC oil price gains over $2
March 5th, 2009 - 4:11 pm ICT by IANSVienna, March 5 (DPA) The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) jumped by $2.02 Wednesday, the Vienna-based organization announced Thursday.
One barrel (159 litres) of OPEC-produced crude stood at $43.79 Wednesday.
OPEC calculates a basket price based on 12 brands produced by its members.
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Tags: based organization, opec, opec oil price, organization of the petroleum exporting countries, petroleum exporting countries, vienna