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OPEC oil price continues to slide

Business Materials 19 November 2008 14:11 (UTC +04:00)

The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to fall on Tuesday, OPEC said on Wednesday.

One barrel (159 litres) of OPEC crude stood at 46.55 dollars Tuesday, 1.41 dollars lower than on the previous day, reported dpa.

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

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