The oil price of the Organization of the Petroleum Exporting Countries (OPEC) rose to 72.79 dollars at the end of last week, the group said Monday.
OPEC-produced crude added 0.93 dollars per barrel (159 litres) on Friday, DPA reported.
Overall, the cartel's basket price gained 3.16 dollars last week.
OPEC oil price climbs to 72.79 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
