Vienna- The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 3.62 dollars Thursday, the cartel said Friday.

One barrel (159 litres) of OPEC-produced crude stood at 42.13 dollars Thursday, the Vienna-based organization said.

OPEC calculates an average price based on 12 brands produced by its members. Indonesia suspended its membership as of January 1, as the country has become a net importer of oil. (dpa)