(dpa) - The price of crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued its downward trend towards the beginning of the week, OPEC said on Tuesday.
One barrel (159 litres) of crude from OPEC's 13-brand reference basket stood at 98.63 dollars on Monday, compared with 99.77 dollars on Friday.
The 13-member cartel is responsible for about 40 per cent of the global crude output.