OPEC oil price inches down to 75.53 dollars

Oil&Gas Materials 20 January 2010 15:27 (UTC +04:00)

The oil price of the Organization of the Petroleum Exporting Countries (OPEC) fell slightly to 75.53 dollars on Tuesday, the Vienna-based group announced Wednesday.

The oil price of the Organization of the Petroleum Exporting Countries (OPEC) fell slightly to 75.53 dollars on Tuesday, the Vienna-based group announced Wednesday, DPA reported.

OPEC's basket price inched downwards by 0.22 dollars per barrel (159 litres).

The cartel produces 34 per cent of global oil supplies.

OPEC oil price inches down to 75.53 dollars

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