OPEC crude price down by another 1.51 dollars

Business Materials 12 September 2008 14:15 (UTC +04:00)

Falling 1.51 dollars on Thursday, the price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) has decreased for the sixth day in a row, according to data provided by OPEC on Friday.

One barrel (159 litres) of OPEC crude stood at 95.29 dollars Thursday, down from 96.80 dollars on the previous day, reported dpa.

OPEC calculates an average basket price based on 13 important brands produced by cartel members.