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OPEC oil price slips below $70
Saudi Press Agency Published in Saudi Press Agency on 16 - 06 - 2009

The basket price of the Organization of the Petroleum Exporting Countries (OPEC) retreated below the 70-dollar mark Monday, the Vienna-based Group announced Tuesday.
One barrel (159 liters) of OPEC-produced crude fell to $69.24
at the start of the week, $1.21 dollars lower than last
Friday.
Last week the price moved about $70 dollars for the first time
since October 2008.
OPEC's 12 member countries produce some 34 per cent of the world's oil.

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