July 12, 2016 - 2:20 AM EDT
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OPEC crude basket drops to $42.21

Vienna, Jul 12 (EFE).- The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries, or OPEC, went down to $42.21, the OPEC Secretariat said on Tuesday.

OPEC said the price of its basket, which includes 13 varieties of crude, decreased by 0.9 percent on Monday, compared with the closing price of the previous session.

The September delivery of Brent crude opened at $46.30 per barrel at the start of Tuesday's trading on the futures market, a 0.23 percent increase since the previous session's close. EFE

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Source: Equities.com News (July 12, 2016 - 2:20 AM EDT)

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