HT Image
HT Image

OPEC crude price drops more than $3

According to data released by the OPEC, the price for crude oil produced by the OPEC dropped more than $3 on Tuesday and stood at $135.21.
None | By DPA, Vienna
UPDATED ON JUL 09, 2008 04:19 PM IST

The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) dropped more than $3 on Tuesday, according to data released by OPEC on Wednesday.

One barrel (159 litres) of OPEC-produced crude stood at $135.21 - $3.23 lower compared with $138.44 on the previous day.

Crude oil fell more than $5 to $136.04 per barrel in New York on Tuesday.

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

SHARE THIS ARTICLE ON
Close
SHARE
Story Saved
OPEN APP