OPEC Crude Prices on the Skid

OPEC prices continue to fall with the price per barrel slipping another $1.37 on Jan. 23, according to officials.

The OPEC Secretariat reported that the price per barrel garnered by the cartel for Jan. 22, 2008 was $83.84, compared to $85.21 on Jan. 21.

The slide in prices has been consistent for the year. Since the start of 2008, the price per OPEC barrel has dropped nearly $10.

The price of an OPEC barrel of oil is generated by averaging that of the 12 important brands of its members.


We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at news@rigzone.com .

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Senior Accountant
Expertise: Accounting
Location: Chantilly
 
United States Duncan: Field Materials Coordinator
Expertise: Materials Management |Supply Chain Management
Location: Duncan, OK
 
Channel Development Manager Job
Expertise: Business Development|Sales
Location: Minneapolis, MN
 
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours