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 February 7, 2016 - 7:31 PM EST
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OPEC crude basket drops to $29.30

Vienna
, Feb 8 (EFE).- The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries, or OPEC, dropped to $29.30, the OPEC Secretariat said on Monday.

OPEC said the price of its basket, which includes 12 varieties of crude, decreased by 2.1 percent on Friday, compared with the closing price of the previous session.

March delivery of Brent crude opened at $34.40 a barrel at the start of Monday's trading on the futures market, with an increase of 0.9 percent from the previous session's close. EFE

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Source: Equities.com News (February 7, 2016 - 7:31 PM EST)

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