OPEC basket gains, Brent drops to $58.61

Crude oil prices varied sharply on Tuesday as Brent recorded a second drop in price for the week, while the commodity in the OPEC basket appreciated marginally.

Brent dropped to $58.61 per barrel, based on oil price update as at 2.20pm Eastern Daylight Time on Tuesday, shedding $0.64.

On Monday it lost $1.09 to close at $60.82 per barrel.

It was, however, observed on Tuesday that crude in the OPEC basket appreciated marginally, gaining $0.2 in price and closed at $62.51 per barrel.

OPEC basket crude had recorded a drop in price of $0.04 on Monday, to close at $62.31 per barrel.
Share on Google Plus

About Brandinfo

BrandInfo is an online newspaper that has been specially packaged to dish out exclusive, robust and current information about brands. For inquiries, please call +234 708 967 2875
    Blogger Comment
    Facebook Comment


Post a Comment