OPEC crude price hovers above $120 mark

By DPA,

Vienna : The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) has declined slightly, according to a data released by OPEC Tuesday.


Support TwoCircles

One barrel (159 litres) of OPEC-produced crude stood at $120.80 Monday, 28 cents lower than the $121.08 recorded the previous day.

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

SUPPORT TWOCIRCLES HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE