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OPEC oil price inches towards 44-dollar mark
Saudi Press Agency Published in Saudi Press Agency on 06 - 03 - 2009


The price for oil produced by the Organization of
the Petroleum Exporting Countries (OPEC) gained slightly on Thursday
but stopped short of crossing the 44-dollar mark, according to data
released by OPEC today, dpa reported.
One barrel (159 litres) of OPEC-produced crude stood at 43.87
dollars Thursday, 0.08 dollars higher than on the previous day.
The Vienna-based oil cartel calculates a basket price based on 12
brands produced by its members.

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