OPEC crude price slides below $42
March 4th, 2009 - 4:31 pm ICT by IANSVienna, March 4 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped $1.21 Tuesday, sliding below the $42 mark, the Vienna-based cartel announced Wednesday.
One barrel (159 litres) of OPEC crude stood at $41.77 Tuesday, compared with $42.98 at the start of the week.
OPEC calculates an average basket price based on 12 important brands produced by its members.
- OPEC oil price sheds nearly $1 - Apr 08, 2009
- OPEC oil price rises above $44 - Mar 11, 2009
- OPEC oil price sheds $1.64 - Jan 20, 2009
- OPEC oil price remains below $70 - Jun 17, 2009
- OPEC oil price inches towards $44 mark - Mar 06, 2009
- OPEC oil price inches above $42 - Feb 02, 2009
- OPEC oil price rises above $70 - Jun 19, 2009
- OPEC oil price stays above $51 - Apr 16, 2009
- OPEC crude rises to $41.31 per barrel - Jan 15, 2009
- OPEC oil price dips below $40 - Jan 21, 2009
- OPEC oil price jumps $2.45 - Feb 27, 2009
- OPEC oil price jumps to $50 a barrel - Apr 03, 2009
- OPEC oil price drops to 41.52 - Feb 04, 2009
- OPEC oil price falls slightly to $43.15 - Mar 09, 2009
- OPEC oil price climbs above 42 dollars - Jan 27, 2009
Tags: crude oil, crude price, opec, organization of the petroleum exporting countries, petroleum exporting countries, slides, vienna based cartel