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Organization of Petroleum Exporting Countries (OPEC) Secretariat published data 30, OPEC crudes average price last week fell to 70.88 U.S. dollars a barrel for the third straight week of decline.
Although last Wednesday, the OPEC oil price rebound, but the first two days of decline in oil prices, dragging down oil prices continue to decline OPEC week.
Although the European Commission and the U.S. government released the latest data show that Europe and the United States economy is picking up. But analysts believe that the world oil market is still a lack of stimulation, combined with inventory levels of crude oil supply and high oil prices is likely to continue to oscillate even likely to continue downward.
Tags: oil, oil prices, OPEC, OPEC crudes average price, the OPEC oil price
