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Article: OPEC oil price keeps rising
- Article from:
- Xinhua News Agency
- Article date:
- January 20, 2004
CopyrightCopyright 2004 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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OPEC oil price keeps rising
VIENNA, Jan. 19 (Xinhua) -- The average crude oil price rose to
30.79 US dollars per barrel last week, up 68 cents compared to the
previous week, the Organization of Petroleum Exporting Countries (
OPEC), headquartered in Vienna, said on Monday.
The crude oil price, based on the average price package of seven
market-monitored crudes, issued by the secretariat of OPEC, was
impulsed by cold weather in northwestern American and no change of
crude oil reserve.
The oil price on Jan. 13 stood at 31.08 dollars per barrel, the
first time the daily oil price broke 31 dollars after the ending of
the Iraqi war.
According to the report form the energy department of the ...