VOL. XL
No. 32
11 August 1997
OPEC
OPEC Basket Price Rebounds By $0.49 To $17.86/B In July
The spot price for the OPEC basket of seven crudes averaged $17.86/B in July,representing an increase of 49 cents over the revised June average of $17.37/B, accordingto figures released by the OPEC secretariat. The weekly basket averages for July were:first week, $17.91/B; second week, $17.57; third week, $17.70/B; fourth week, $17.81/B;fifth week, $18.29/B. Monthly and quarterly details are shown in the...
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