The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that its oil price rose to 73.06 dollars on the previous day, DPA reported.
OPEC's basket price gained 1.34 dollars per barrel (159 litres) on Tuesday.
The cartel's 12 member states supply over 30 per cent of the world's crude oil.
OPEC oil price climbs to 73.06 dollars
See Also:
- OPEC: World oil demand growth to be weaker than expected due to economic concerns
- IEA revises down forecast on global oil demand
- OPEC downgrades forecast for Kazakhstan's oil production
- OPEC expects Azerbaijan’s oil production at 0.99 mln bpd in 2012
- JP Morgan: Global oil demand growth to be moderate in first half of 2012
