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OPEC oil price continues to slide

Posted : Wed, 19 Nov 2008 11:42:04 GMT
Author : DPA
Category : Business
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Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to fall on Tuesday, OPEC said on Wednesday. One barrel (159 litres) of OPEC crude stood at 46.55 dollars Tuesday, 1.41 dollars lower than on the previous day.

OPEC calculates an average basket price based on 13 important brands produced by its members.

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