OPEC oil price slips early in the week

Oil&Gas Materials 17 February 2009 13:07 (UTC +04:00)

The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) slipped to 41.49 dollars Monday, OPEC announced Tuesday.

One barrel (159 litres) of OPEC-produced crude was 0.64 dollars lower at the start of the week than last Friday, dpa reported.

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