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OPEC oil price drops to $42.56

Europe, Mon, 24 Nov 2008 IANS

Vienna, Nov 24 (DPA) The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) continued falling last Friday, when it dropped to $42.56, the cartel reported Monday.

 

That was a drop of $1.50 per barrel (159 litres) of OPEC crude at the end of the week, versus $44.06 on Thursday.

 

 

OPEC calculates an average price based on 13 important brands produced by its members.

 


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