The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 0.88 dollars last Friday, OPEC announced Monday, reported dpa.
One barrel (159 litres) of OPEC-produced crude stood at 128.56 dollars a barrel on Friday, compared with 129.44 dollars on the previous day.
OPEC calculates an average basket price based on 13 important brands produced by cartel members.