OPEC oil price stays above $51

April 16th, 2009 - 3:50 pm ICT by IANS  

Vienna, April 16 (DPA) The price for oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) remained above $51 Wednesday, according to data released by the group Thursday.
One barrel (159 litres) of OPEC crude rose to $51.17, up $0.10 from Tuesday’s price.

The Vienna-based oil cartel calculates a basket price based on 12 brands produced by its members.

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