OPEC basket price rises to $110.84…

By | March 3, 2011

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.

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