The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) moved below the 130 dollar mark on Tuesday, data released by OPEC showed on Wednesday.
One barrel (159 litres) of OPEC-produced crudes stood at 128.65 dollars Tuesday, down 2.22 dollars from the record-setting 130.87 dollars the previous day, reported dpa.
OPEC calculates an average basket price based on 13 important brands produced by cartel members