...

OPEC oil price inches above 42 dollars

Business Materials 2 February 2009 13:09 (UTC +04:00)

The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose to 42.04 dollars Friday, the Vienna-based cartel announced Monday.

One barrel (159 litres) of OPEC-produced crude inched up by 0.83 dollars at the end of last week.

OPEC calculates its basket price based on 12 brands produced by its members, reported dpa.

Latest

Latest