OPEC oil prices continues upwards trend

Business Materials 18 February 2008 13:31 (UTC +04:00)

(dpa) - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to rise by the end of the week, OPEC said on Monday.

On Friday, one barrel (159 litres) of OPEC-produced crude stood at 91.73 dollars, compared with 90.70 dollars the previous day. OPEC calculates an average basket price based on twelve important brands produced by cartel members.