OPEC oil price hovers at 48.60 dollars

OPECVienna - The price of oil produced by the Organization of the Petroleum Exporting Countries (OPEC) gained only slightly on Thursday and hovered at 48.60 dollars, the group announced Friday.

One barrel (158 litres) of OPEC crude oil stood 0.09 dollars higher on Thursday than on the previous day.

The Vienna-based cartel calculates an average price based on 12 brands produced by its members. (dpa)

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