Business News

May 14, 2008, 8:42 GMT

OPEC crude price down 89 cents

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) was down 89 cents on Tuesday, OPEC said on Wednesday. One barrel (159 litres) of crudes from OPEC's 13-brand reference basket stood at 118.76 dollars on Tuesday, compared with 119.65 dollars the previous day. The drop came despite remarks by OPEC-member Iran that it considered reducing its output. OPEC calculates an average basket price based on 13 important brands produced by cartel members.

And Also

The Decade: Film's 10 Best Music Moments In The Aughts

The Decade: Film's 10 Best Music Moments In The Aughts - Cinema Blend
GASP: Goldstriker creates world's most expensive iPhone - The Tech Herald
Mysteries of "Zhu Zhu Hamsters," "Al Alberts," and "White House Party Crashers" Solved - PopEater
Chris Rock interview, Sons of Anarchy and Woody Allen shout out for 'Madagascar' star

Your Talkback on this Story

Similar articles

OPEC raises oil demand outlook for 2010
OPEC satisfied with prices, keeps oil output steady (Roundup)
Satisfied with prices, OPEC keeps oil output steady (2nd Lead)
OPEC keeps oil output steady (Extra)
Satisfied with prices, OPEC to keep oil output steady (1st Lead)

Latest Headlines in Business

Older Talkback

Business: Index

: News; Features; Currency Conversion

Latest Pics

Michaele Salahi

From Sites we Like

Getting caged up at a Warsaw zoo is so easy a caveman can do it [Interesting]
Couple can't afford big wedding, gets married in line at Best Buy on Black Friday, before buying all four of their kids computers, cell phones and game systems [Stupid]
Residents of Michigan town don't want it turned into Guantanamo North to make money: "We don't want the rock stars of the jihad here. I'm a Christian conservative just like Sarah Palin. We don't want terrorists here" [Obvious]

More Not News from Fark

In Monsters and Critics

: Arts; Books; DVD; Gaming; Lifestyle; Movies; Music; News; People; Science & Nature; Sport; TV; Archives
Other Languages and Sites: Deutschland (Monsters and Critics); The Tech Herald; Free Games

Entertainment: Arts; Books; DVD; Gaming; Movies; Music; People; Soundtracks; TV
Media: Celebrity Photos; Movie Pictures; Movie Trailers; Movie Posters; Theatre Stills; Celebrity Video; Music Video
Released this week: Movies - USA; Movies - UK; DVD - USA
Distractions: Online Games; Daily Crossword; Sudoku Classic; Daily Jigsaw

World News: US; UK; Americas; Europe; Middle East; Asia Pacific; South Asia; Africa; Business; Education; Health
Science and Tech: Science and Nature; Technology
Lifestyle: Autos; Fashion; Life; Travel

Corporate

: About; Advertise; Contact; The Team; Vacancies; Privacy; RSS; Site Map; Terms; Webmasters

The Fine Print

© 2003 - 2009 by Monsters and Critics.com, WotR Ltd. All Rights Reserved. All photos are copyright their respective owners and are used under license or with permission. * Note M&C cannot be held responsible for the content on other Web Sites.

Servers supplied by Servint