11 OCTOBER 1993
OPEC Basket Price Fell To $15.24/B In September
The average spot price for the OPEC basket of seven crudes fell another$0.66/B during September to $15.24/B, according to figures released by the OPECSecretariat. The September 1993 price is $5.76/B below OPEC's $21/B minimumreference price - the lowest basket price since before the Iraqi invasion ofKuwait in August 1990.
The weekly basket averages for September were: $15.20/B for the first week,$14.80/B...