Vienna - The price for oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose for a second day in a row Tuesday, inching upwards to
38.19 dollars.

One barrel (159 litres) of OPEC-produced crude rose by 0.65 dollars Tuesday, from 37.54 dollars on the previous day, the cartel announced Wednesday.

The Vienna-based organization calculates an average price based on 13 brands produced by its members. (dpa)