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OPEC oil price rises above 42 dollars

Oil&Gas Materials 6 February 2009 13:00 (UTC +04:00)

The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose to 42.05 dollars Thursday, the Vienna-based cartel said Friday, dpa reported.

One barrel (159 litres) of OPEC-produced crude gained 0.41 dollars.

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

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