Organization of the Petroleum Exporting Countries (OPEC) on Wednesday said its basket price settled at $74.87 a barrel on Tuesday.
According to the Vienna based oil cartel the price was dropped by $0.19 per barrel.
The group's 12 countries produce more than a third of global oil supplies.
According to the Vienna based oil cartel the price was dropped by $0.19 per barrel.
The group's 12 countries produce more than a third of global oil supplies.
