VOL. XXXV
NO. 32
11 MAY 1992
Oil Prices
OPEC April Basket Price Highest So Far This Year
The average spot price for the OPEC basket of seven crudes rose to $17.69/Bin April, up 95 cents/B over the previous month. This represents the highestmonthly figure attained so far this year. The year to date average is $17/B. TheApril prices continued an upward trend which began in mid-March, with thebasket price averaging $17.24/B in the first week of April, $17.78/B in thesecond week, $17.73/B in the...
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