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OPEC oil prices rebound over $40 per barrel

Posted on 03 March 2009

From Chinadaily.com.cn: The weekly average prices of the Organization of Petroleum Exporting Countries (OPEC) rebounded above $40 again to $40.01 per barrel last week, the Vienna-based oil cartel said on Monday.

The prices saw an overall upward tendency last week, with an increase of about 9.7 percent within the week, reaching a daily average price of $43.30 per barrel on Friday. The daily OPEC oil prices rose on four trading days of last week except Tuesday….. Full Article: Source


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