OPEC oil price rise to $11.8

Fri, 03 Jul 1998 | Source: REUTERS

LONDON (Reuters): The price of OPEC's basket of seven crudes rose to $11.80 a barrel on Wednesday from $11.70 on Tuesday, the OPEC news agency said quoting the OPEC Secretariat.

The basket comprises Algeria's Saharan Blend, Indonesia's Minas, Nigeria's Bonny Light, Saudi Arabia's Arabian Light, Dubai of the UAE, Venezuela's Tia Juana and Mexico's Isthmus.

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