OPEC basket price slips to USD 69.71 pb

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Organization of the Petroleum Exporting Countries (OPEC) said on Monday that its 12-crude basket price dipped by USD 3.02 to settle at USD 69.71 per barrel after reaching USD 72.73 the day before.

A news bulletin issued by the OPEC news agency (OPECNA) said that the monthly average of the 12-crude basket price for last January hit USD 76.01 pb against USD 74.01 for last December, while it registered since the beginning of the current year and up till the end of the past week USD 72.33 pb.

Finally, the bulletin pointed out that the annual average of the OPEC basket price for the past year hit USD 95.45 pb.

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