VOL. XXXVI
NO. 41
12 JULY 1993
OIL PRICES
OPEC Basket Price Averaged $17.08/B In June
The average spot price for the OPEC basket of seven crudes for the month ofJune was $17.08/B, according to figures recently released by the OPECSecretariat. This is a reduction of $0.81/B compared with the revised basketaverage for May of $17.89/B. The June basket price is $3.92/B below OPEC's $21/Bminimum reference price.
Weekly averages declined throughout the month, ending $1.20/B lower than theybegan. The June...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!