VOL. XXXIX
No. 24
11 March 1996
OPEC
OPEC Basket Price Drops 15 Cents/B In February To $17.90/B
The average spot price for the OPEC basket of seven crudes averaged $17.90/B in February, a decrease of 15 cents/B from the revised January average of $18.05/B, according to figures released by the OPEC Secretariat. The February average is $3.10/B below OPEC's minimum reference price of $21/B, but $1.04/B above the 1995 basket average price of $16.86/B.
The weekly basket averages for...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!