VOL. XXXVI
NO. 2
12 OCTOBER 1992
OIL PRICES
OPEC Basket Rises 24 Cents to $19.40 in September
The average spot price of the OPEC basket of seven crudes rose to $19.40/Bduring September, up $0.24/B from $19.16/B in August. The year-to-date averagenow stands at $18.35/B. The basket price averaged $19.10/B in the first week ofSeptember, $19.39/B in the second week, $19.63/B in the third week, $19.48 inthe fourth week, and $19.42 in the fifth week. The average prices of the sevencrudes in the OPEC...
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