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OPEC crude price drops below $128

indiaenews.com
21-Jul-2008
        
Story Timeline:  139 days

From correspondents in Vienna, Austria, 07:02 PM IST The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to fall Friday, dipping below $128, OPEC said in a statement Monday. One barrel (159 litres) of OPEC-produced crude stood at $127.93 dollars Friday, $3.10 lower than $131.03 the previous day. OPEC crude fell $11.92 in the week since Friday July 11, when it stood at $139.85. The oil cartel calculates an average basket price based on 13 important brands produced by OPEC... [read full story]                    

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Latest article on this story:

OPEC has sufficient excess capacity to meet demand - Khelil

 finanznachrichten.de 21-Jul-2008
First article on this story:

OPEC and the oil crisis

 publicradio.org 18-Jul-2008
Selected publications with coverage of this story:
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OPEC has sufficient excess capacity to meet demand - Khelil

finanznachrichten.de
21-Jul-2008
        

ALGIERS (Thomson Financial) - OPEC has sufficient excess capacity to meet any surge in demand, Algerian Energy Minister and Organization of the Petroleum Exporting Countries President Chakib Khelil said Monday. 'The countries...

OPEC crude price drops below 128 dollars on Friday

earthtimes.org
21-Jul-2008
        

Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) continued to fall on Friday, dipping below 128 dollars, OPEC said in a statement on Monday. One barrel (159 litres) of...

                   

Disinformation Age [OPEC lies, the SUV dies]

freerepublic.com
21-Jul-2008
        

The folks over at OPEC, the Organization of Petroleum Exporting Countries, must think we’re pretty stupid. The other day, Chakib Khelil, the current OPEC president, asserted that “the intrusion of bioethanol on the...

                   
publicradio.org: OPEC ministers talk publicradio.org

OPEC and the oil crisis

publicradio.org
18-Jul-2008
        

Host Kai Ryssdal, who's been talking to experts about oil this week, speaks today with oil analyst Ruchir Kadakia about OPEC's standing in the oil world these days. RYSSDAL: When you talk about oil on the global market, you...