OPEC crude price continues slide

By DPA

Vienna : The price of crude oil produced by the Organization of Petroleum Exporting Countries (OPEC) continued its downward trend towards the beginning of the week, OPEC said Tuesday.


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One barrel (159 litres) of crude from OPEC’s 13-brand reference basket stood at $98.63 Monday, compared with $99.77 Friday.

The 13-member cartel is responsible for about 40 percent of the global crude output.

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