OPEC crude price drops 0.91 dollars on Monday
Vienna- The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) dropped by 0.91 dollars on Monday, inching towards the
110-dollar-mark, data released by OPEC showed on Tuesday.
One barrel (159 litres) of OPEC-produced crude stood at 110.32 dollars Monday, compared with 111.23 dollars last Friday.
OPEC calculates an average basket price based on 13 brands produced by cartel members. (dpa)