The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that its basket oil price dropped to 66.84 dollars on the previous day, DPA reported.
Amid declining global stock markets and a strong dollar, OPEC's basket price lost 1.75 dollars on Tuesday.
OPEC's 12 members produce over a third of the world's crude oil.
OPEC oil price slides to 66.84 dollars
See Also:
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- OPEC downgrades forecast for Kazakhstan's oil production
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- JP Morgan: Global oil demand growth to be moderate in first half of 2012
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