OPEC crude price climbs up $2.22

March 27th, 2008 - 9:50 pm ICT by admin  

Vienna, March 27 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) jumped by $2.22, the OPEC said Thursday. On Wednesday, one barrel (159 litres) of crude from OPEC’s 13-brand reference basket stood at $98.42, compared with $96.20 the previous day, the OPEC said.

The 13-member cartel produces about 40 percent of the global crude output.

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