OPEC basket price rises to $110.84…

The Organization of the Petroleum Exporting Countries (OPEC) says that its basket price has increased by 2.4 % to $110.84 per barrel. The OPEC oil basket price reached a record high of $140.73 per barrel on July 3, 2008. In March of the same year the 12th type of crude was added to the OPEC oil basket.

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Source: Voice of Russia.

Looking kinda bad on on the old home front with these kind of statistics. The old record is not that far away…