Adamant: Hardest metal
Friday, March 28, 2003

OPEC daily basket price down to 25.54 dollars

URL Vienna, March 27, IRNA -- The price of the OPEC Basket of seven crude stood at 25.54 dollars a barrel on Wednesday, compared with 26.84 dollars the previous day, according to OPEC Secretariat calculations here, Thursday.
Thu 13 Feb : 31.91
Fri 14 Feb : 32.33
Mon 17 Feb : 31.90
Tue 18 Feb : 31.85
Wed 19 Feb : 31.95
Thu 20 Feb : 31.48
Fri 21 Feb : 31.84
Mon 24 Feb : 32.44
Tue 25 Feb : 32.73
Wed 26 Feb : 32.49
Thu 27 Feb : 32.48
Fri 28 Feb : 32.63
Mon 03 March : 31.63
Tue 04 March : 32.12
Wed 05 March : 32.29
Thu 06 March : 32.50
Fri 07 March : 33.79
Mon 10 March : 33.11
Tue 11 March : 32.54
Wed 12 March : 32.74
Thu 13 March : 32.42
Fri 14 March : 30.98
Mon 17 March : 29.80
Tue 18 March : 27.69
Wed 19 March : 27.12
Thu 20 March : 26.51
Fri 21 March : 24.81
Mon 24 March : 25.70
Tue 25 March : 26.84
For the first quarter of 2002, the basket price averaged dlrs
19.83 a barrel as opposed to dlrs 18.38 in the fourth quarter of 2001. For 2001 as a whole, the price of the basket averaged dlrs 23.12 a barrel, compared with dlrs 27.60 in 2000, dlrs 17.47 in 1999 and dlrs 12.28 in 1998.
The OPEC basket comprises Algeria's Saharan Blend, Indonesia's Minas, Nigeria's Bonny Light, Saudi Arabian Light, Dubai of the United Arab Emirates, Venezuela's Tia Juana and Mexico's Isthmus Crude.
MN/AH
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