| The average selling price for a range of crude oil grades produced by the Organization of Petroleum Exporting Countries has dipped below $100 a barrel for the first time since February, according to data posted on the group's website Tuesday.
The average price of a basket of OPEC crudes fell to $99.65 a barrel on Oct. 3, $1.92 below the previous price posted on Sept. 30, OPEC's website said. This is the lowest price since Feb. 18, when political turmoil began to affect oil production in North Africa, the website showed..............................................Full Article: Source |