VOL. XL
No. 6
10-February-1997
OPEC
OPEC Basket Averages $23.23/B For January
The spot price for the OPEC basket of seven crude averaged $23.23/B in January, a drop of 28 cents/B from the December 1996 average of $23.51, according to figures released by the OPEC Secretariat. The January average is $2.94/B above the 1996 average of $20.29/B.
The weekly basket average for January is as follows: $24.38/B for the first week, $23.53/B for the second, $22.59/B for the third, and $22.41/B for the...
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