...

OPEC crude price falls to 55.90 dollars

Business Materials 29 October 2008 12:35 (UTC +04:00)

The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell for the sixth day in a row Tuesday, to 55.90 dollars, reported dpa.

On Tuesday, one barrel (159 litres) of OPEC crude was 0.90 dollars cheaper than on the previous day, when it stood at 56.80 dollars, the cartel said on Wednesday.

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

Latest

Latest