By DPA,
Vienna : The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) fell by more than one dollar Monday, OPEC said in a statement Tuesday.
One barrel (159 litres) of OPEC-produced crude stood at $111.27 Monday, down $1.46 from $112.73 on the previous day.
OPEC calculates an average basket price based on 13 important brands produced by cartel members.
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