The oil price of the Organization of the Petroleum Exporting Countries (OPEC) moved down slightly to 72.51 dollars at mid-week, the group said Thursday, DPA reported.
The cartel's basket price inched down by 0.18 dollars per barrel (159 litres) on Wednesday.
OPEC's 12 members pump over a third of the world's crude oil.
OPEC oil price inches down to 72.51 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
MOST READ
Read more news in category:
- More than one-third of SOFAZ assets placed in securities with AAA rating
- Kazakhstan launches a series of energy projects
- Georgian Batumi Port significantly reduces oil transshipment in Jan
- OPEC: World oil demand growth to be weaker than expected due to economic concerns
- LPG price review in eurozone (Jan.30-Feb.6)
