Tag: reference basket

OPEC’s benchmark oil price rose above $105 in February

OPEC’s benchmark oil price rose above $105 in February

The price of oil from the Organisation of Petroleum Exporting Countries (OPEC) inched above…

Oil prices simmered down in March says OPEC

Oil prices simmered down in March says OPEC

Oil prices simmered down during March, suggested new figures released by OPEC yesterday. The…

Optimism on world economy ‘pushed up February oil prices’

Optimism on world economy ‘pushed up February oil prices’

Growing optimism about the world economy’s recovery pushed up oil prices last month according…