Vienna - The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell slightly to 43.69 dollars Tuesday, the Vienna-based organization announced Wednesday.

One barrel (159 litres) of OPEC-produced crude was down by 0.45 dollars, compared with the previous day.

The oil cartel calculates a basket price based on 12 brands produced by its members. (dpa)