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OPEC Oil Price falls by nearly $3
Saudi Press Agency Published in Saudi Press Agency on 23 - 06 - 2009

The price of oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by nearly three U.S. dollars at the start of the week, the Vienna-based group reported Tuesday.
The move comes after a recent push above $70 a barrel (159
liters).
The basket price for one barrel of OPEC-produced crude fell to
$67.41 , down from $70.27 at the close of last week, according to a report of The German News Agency "DPA".
The Group's 12 member countries produce over a third of global crude oil supplies. OPEC's daily price is based on the average price of its 12 main oil varieties.

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