OPEC oil price climbs to 39.17 dollars

Oil&Gas Materials 23 February 2009 12:46 (UTC +04:00)

The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to recover Friday, climbing to 39.17 dollars, the cartel announced Monday, dpa reported.

One barrel (159 litres) of OPEC-produced crude was up 0.53 dollars on Friday.

The Vienna-based organization calculates a basket price based on 12 brands produced by its members.