17.04.2013 - OPEC crude basket ends longest-ever stretch above $100 a sarrel
The average price of benchmark OPEC crudes ended its longest run above $100 a barrel after dropping below that level for the first time since July amid signs the global economic recovery is faltering. The so-called OPEC basket, a weighted average of the main grades produced by the Organization of Petroleum Exporting Countries, slipped to $98.56 a barrel yesterday, according to an e-mail today from the groupís Vienna-based secretariat. Itís the first time OPECís reference price slipped below $100 since July 16 and ends an unprecedented 191-day spell above that threshold...........................................Full Article: Source
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