VOL. XXXVIII
NO. 2
10-OCTOBER-1994
Oil Prices
OPEC Basket Price Falls $1.15 To $15.71/B
In September The average spot price for the OPEC basket of seven crudes fellby $1.15/B in September to $15.71/B from the August average of $16.86/B,according to figures released by the OPEC Secretariat. The September average is$5.29/B below OPEC's $21/B minimum reference price. The 3Q price, however,averaged higher at $16.68/B, compared with the 2Q average of $15.60/B. The yearto date average is $15.28/B,...
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