OPEC oil price drops to 41.52

February 4th, 2009 - 6:02 pm ICT by IANS  

Vienna, Feb 4 (DPA) The price for oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) fell to $41.52 Tuesday, the Vienna-based cartel said Wednesday.One barrel (159 litres) of OPEC-produced crude dropped by $1.12 Tuesday, compared with the previous day.

The cartel’s basket price is based on 12 brands produced by its members.

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