OPEC crude price falls below $134

July 10th, 2008 - 6:45 pm ICT by IANS  

Vienna, July 10 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) fell for the fourth day in a row to below $134 Wednesday, OPEC data showed Thursday. One barrel (159 litres) of OPEC-produced crude stood at $133.16 Wednesday, a drop of $2.05 from $135.21 the previous day.

OPEC calculates an average basket price based on 13 important brands produced by cartel members.

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