VOL. XXXIX
No. 37
10 June 1996
OPEC
OPEC Basket Price Falls $1.34/B In May To $18.90/B
The average spot price for the OPEC basket of seven crudes averaged $18.90/B in May, a drop of $1.34/B from the April average of $20.24/B, according to figures released by the OPEC Secretariat. The May average is $2.10/B below OPEC's minimum reference price of $21/B and $2.04/B above the 1995 basket average of $16.86/B. The weekly basket averages for May are as follows: $18.92/B for the first week,...
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!