OPEC Basket Average Rises By $1.05/B To $10.74/B For January
The spot price for the OPEC basket of seven crudes rose by$1.05/B in January to average $10.74/B for the month, compared to the revisedaverage of $9.69/B for December. The January average is $1.54/B below the 1998average of $12.28/B. The weekly basket averages for January were: first week,$10.60/B; second week, $11.05/B; third week, $10.54/B; and fourth week,$10.75/B. Monthly and quarterly details...