VOL. XXXVI
NO. 28
12 APRIL 1993
OIL PRICES
OPEC Basket Price Averaged $18.17/B In March
The average spot price for the OPEC basket of seven crudes for the month ofMarch was $18.17/B, according to figures recently released by the OPECSecretariat. This is an increase of $0.51/B compared with the February averagebasket price of $17.66/B, and is the highest monthly average since November1992, which was $18.73/B. The March basket price is $2.83/B below OPEC's $21/Bminimum reference price.
Weekly...
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