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OPEC crude price slide continues

Business Materials 22 January 2008 14:03 (UTC +04:00)

( dpa ) - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its downward trend at the beginning of the week.

One barrel ( 159 litres) of crude produced by OPEC's 13 member states stood at 85.34 dollars on Monday, down 72 cents from Friday, OPEC said on Tuesday.

The Vienna-based OPEC Secretariat calculates an average basket price based on 12 important brands produced by the cartel.

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