Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) remained close to last week's peak on Friday, OPEC said on Monday.

One barrel (159 litres) of crudes from OPEC's reference basket stood at 103.67 dollars on Friday, down 7 cents from Thursday's peak of 103.74 dollars.

OPEC calculates an average basket price based on 13 brands produced by cartel members. (dpa)