| 20.03.2013 - OPEC’s crude basket sets longest stretch above $100 a barrel |
| The average price of benchmark OPEC crudes held above $100 a barrel for a 173rd trading day, the gauge’s longest-ever stretch at this level. The so-called OPEC basket, a weighted average of the main grades produced by the Organization of Petroleum Exporting Countries, was at $106.36 a barrel yesterday. Its spell at higher than $100 since July 17 surpasses a previous 168-day record set from Feb. 21, 2011, to Sept. 30 that year...............................................Full Article: Source |