OPEC oil price falls below $45

Vienna, Nov 21 (DPA) The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell to $44.06 Thursday, the first time it went below $45 since May 2005.

One barrel (159 litres) of OPEC crude cost $1.83 less Thursday than on the previous day, the Vienna-based cartel said Friday.

OPEC calculates an average basket price based on 13 important brands produced by its member

Similar Posts:

• OPEC crude price falls to $57.65
• Opec oil price drops to 22-month low
• OPEC oil price back above $49
• OPEC crude price rises ahead of expected output cut
• OPEC oil price drops to $42.56