VOL. XXXVIIINO. 1112 DECEMBER 1994
OPEC Basket Price Rises By $0.55 To $16.68 In November
The average spot pricefor the OPEC basket of seven crudes rose by $0.55/B in November to $16.68/B fromthe October average of $16.13/B, according to figures released by the OPECSecretariat. The November average is $4.32/B below OPEC's $21/B minimumreference price. The increase in the average spot price for the month boostedthe year-to-date average to 15.50/B, which is $0.83/B below the 1993...