Business News
OPEC oil prices rises towards 80-dollar mark
Mar 9, 2010, 10:44 GMT
Vienna - The oil price of the Organization of the Petroleum Exporting Countries (OPEC) gained 0.59 dollars early in the week and inched further towards the 80-dollar level, the group announced Tuesday.
The cartel's basket price settled at 77.86 dollars per barrel (159 litres) of crude oil on Monday.
The 12 countries of OPEC produce some 34 per cent of global oil supplies.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
