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OPEC oil climbs towards 85-dollar mark

Oil&Gas Materials 10 November 2010 14:06 (UTC +04:00)
The Organization of Petroleum Exporting Countries (OPEC) said Wednesday that its oil price rose to 84.92 dollars a day earlier.
OPEC oil climbs towards 85-dollar mark

The Organization of Petroleum Exporting Countries (OPEC) said Wednesday that its oil price rose to 84.92 dollars a day earlier, DPA reported.

The cartel's basket price inched up 0.30 dollars per barrel (159 litres) on Tuesday, as the Paris-based International Energy Agency raised its long-term forecasts for oil prices.

OPEC oil currently stands at its highest level since October 2008.

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