OPEC oil price sheds 1.21 dollars

The oil price of the Organization of the Petroleum Exporting Countries (OPEC) decreased by 1.21 dollars on Tuesday, the Vienna-based group announced Wednesday, DPA reported.

Crude oil produced by OPEC stood at 79.08 dollars per barrel (159 liters) on Tuesday.

The cartel's 12 member countries produce more than a third of the world's crude oil.

 
 
 
 
 
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