8 NOVEMBER 1993
OPEC Basket Price Rises To $15.76/B In October
The average spot price for the OPEC basket of seven crudes increased by$0.52/B during October to $15.76/B, according to figures released by the OPECSecretariat. The October 1993 price is $5.24/B below OPEC's $21/B minimumreference price.
The weekly basket averages for October were: $15.90/B for the first week,$16.05/B for the second, $15.80/B for the third and $15.30/B for the fourth.Details are shown in the...