VOL. XXXIII

NO. 40

9 JULY 1990

OPEC

OPEC Basket Price Average Fell to $14.05/B in June

The spot price of the OPEC basket of seven crudes during the first half of1990 averaged $17.03/B, as compared with the target "minimum"reference price of $18/B for the basket. The average spot price for June fellto $14.05/B, compared to $15.45/B in May. Full details are shown in the tablebelow:

Spot Quotations of the OPEC Reference Basket ($/B)

 Saharan Bonny Arab T.J. Blend Minas Light Light Dubai Light Isthmus...