VOL. XXXIX No. 59 11 November 1996OPEC
OPEC Basket Price Rises $1.56/B In October To $23.24/B The average spot price for the OPEC basket of seven crudes averaged $23.24/B in October, an increase of $1.56 from the revised September average of $21.68/B, according to figures released by the OPEC Secretariat. This is the highest monthly average for an OPEC basket since December 1990 when the basket averaged $26.16/B at the height of the Gulf crisis. The October average is $2.24/B above OPEC's...
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