OPEC oil price drops to $42.56

By DPA,

Vienna : 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.


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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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