OPEC daily basket price Monday, 17 November 2014

OPEC daily basket price Monday, 17 November 2014

The price of OPEC basket of twelve crudes stood at 73.90 dollars a barrel on Monday, compared with $73.47 the previous Friday, according to OPEC Secretariat calculations.

Japan is now in recession as weak consumption and exports unexpectedly shrank it’s GDP by an annualised 1.6% in the third quarter of this year according to reports

OPEC is due to meet in Vienna, Austria, on 27 November to discuss its oil production policy.

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