OPEC crude price continues slide

April 1st, 2008 - 7:01 pm ICT by admin  

Vienna, April 1 (DPA) The price of crude oil produced by the Organization of Petroleum Exporting Countries (OPEC) continued its downward trend towards the beginning of the week, OPEC said Tuesday. One barrel (159 litres) of crude from OPEC’s 13-brand reference basket stood at $98.63 Monday, compared with $99.77 Friday.

The 13-member cartel is responsible for about 40 percent of the global crude output.

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