VOL. XLII

No 45

8-November-1999

OPEC

OPEC Basket Average Slips 54 Cents/B To $21.63/B For October

The spot price for the OPEC basket of seven crudes fell by54 cents/B during October to average $21.63/B, compared to the average of$22.17/B for September, according to figures released by the OPEC Secretariat.The October average is $9.35/B above the 1998 basket average of $12.28/B. Theweekly basket averages for October were: first week, $22.38/B; second week,$21.16/B; third week, $21.37/B; and fourth...