OPEC falling back to 30 t $ 29 a barrel

2016/2/8 16:02 • 15 visits readable
OPEC falling back to 30 t $ 29 a barrel
{International: Euphrates News} The Organization of Petroleum Exporting Countries {OPEC} Monday, that "the price of its basket of crudes dropped 12 last Friday rose 63 cents to settle at 30 t $ 29 a barrel, compared with 93 t of $ 29 last Thursday."
The bulletin {OPEC} "The average monthly price of its basket of crudes for the month of January amounted to 50 t of $ 26 per barrel, compared to 64 t $ 33 in December the previous him, which indicates that the basket price reached since the beginning of this year until the end of last week's 20.29 dollars per barrel."
The bulletin pointed out that "the annual rate for the basket price last year was a 64-year $ 49 a barrel."
And includes a basket {OPEC}, which is a reference in the level of production 12 species policy, a raw {deserts} Algerian, heavy and Iran, and {Basra} Iraq, Ore Kuwait Export, Ore {Seder} Libi, Ore {Bonnie} Nigerian, and rough sea Qatar , Saudi Arabian light crude, and crude {} bitters, and Venezuelan crude, and {} Angolan Girassol and Ecuadorian} {Orient.
The oil ministers of the Organization of Petroleum Exporting Countries} {recommended at the conclusion of the ministerial meeting in Vienna on the fourth of December last year the member states need to follow developments in the oil market carefully in the coming months while retaining the current production ceiling of the member states of the organization set at 30 million barrels per day. Ended h

Link