| From Gulfnews.com: It seems that the party is continuing in the oil market in November as, on average, it is the forth consecutive month for prices to maintain their upward movement. The price of the Opec basket of crudes (OBC) continued for the whole month over $80 (Dh293) per barrel to the extent that some analysts are suggesting a new range to emerge and that this level may become a floor.
The average for the month so far for the OBC is $82.78 per barrel and the maximum level of $85.81 per barrel was reached on November 11, the highest level since two years...........................................Full Article: Source
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