VOL. XXXVI
NO. 10
7 DECEMBER 1992
OIL PRICES
OPEC Basket Falls 86 cents to $18.70 in November
The average spot price of the OPEC basket of seven crudes fell to $18.70during November, a drop of $0.86 from the readjusted average of $19.56 duringOctober. The year-to- date average now stands at $18.48/B. The basket priceaveraged $18.80/B in the first week of November, $18.78/B in the second week,$18.66/B in the third week, and $18.58 in the fourth week. The average prices ofthe seven crudes in the...
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