Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose by 2.23 dollars Wednesday, as the weaker dollar buoyed oil markets, according to data released by OPEC on Thursday.

One barrel (159 litres) of OPEC crude stood at 58.13 dollars on Wednesday, up from 55.90 dollars on the previous day.

The oil price rebounded as interest-rate cuts in the United States and China on Wednesday led to a depreciation of the dollar, Vienna-based analysts JBC Energy said.

Stockholm - Swedish state-owned energy group Vattenfall on Thursday posted higher operating profits for third-quarter 2008, boosted by its operations in the Nordic region.

Operating profit before tax and interest was 5.59 billion kronor (726 million dollars), up 17 per cent year-on-year.

Third-quarter turnover increased by 17 per cent to 37 billion kronor, while the net profit fell some 29 per cent to 2.48 billion kronor.

New Delhi, Oct 30: Prime Minister Dr. Manmohan Singh will inaugurate a few new facilities of the Department of Atomic Energy (DAE) here today.

The inauguration will be held from New Delhi through video conferencing link on the occasion of Homi Bhabha birth centenary year.

Dr. Singh will inaugurate two desalination plants - a multi-stage flash evaporation plant located at Kalpakkam in Tamil Nadu and a large mounted desalination plant which is currently stationed in Goa.

Moscow - The vice president of Lukoil, Russia's largest private oil major, said Wednesday it may be best for Russia to join OPEC in production cuts to bolster oil prices slumping amid the financial turmoil.

Leonid Fedun said joining OPEC could be "only good for Russia."

His comments surprised the industry Wednesday. Previous attempts for Moscow to align its policy with OPEC fell through when private energy firms, like Lukoil, increased oil deliveries, analysts said.

Vienna - The price fo