VOL. XLI

No. 19

11-May-1998

OPEC

OPEC Basket Gains 33 Cents/B In April For $12.74/B Average

The spot price for the OPEC basket of seven crudes averaged $12.74/B in April, a gainof 33 cents/B over the March average of $12.41/B, according to figures released by theOPEC Secretariat. The April average is $5.94/B below the 1997 average of $18.68/B. Theweekly basket averages for April were: first week, $12.59/B; second week, $12.63/B; thirdweek, $12.78/B; and fourth week, $12.96/B. Monthly and...