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OPEC crude price drops 0.91 dollars on Monday

Sahil Nagpal 2 September 2008

OPEC crude price gains 6.75 dollars last week Vienna- The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped by 0.91 dollars on Monday, inching towards the

110-dollar-mark, data released by OPEC showed on Tuesday.

One barrel (159 litres) of OPEC-produced crude stood at 110.32 dollars Monday, compared with 111.23 dollars last Friday.

OPEC calculates an average basket price based on 13 brands produced by cartel members. (dpa)

Regions: 
Vienna
Austria

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