Vienna - The basket price of the Organization of the Petroleum Exporting Countries (OPEC) climbed to another high for 2009 last Friday, the Vienna-based group announced Monday, ahead of a meeting of its oil ministers later this week.

One barrel (159 litres) of OPEC-produced crude oil stood at 58.75 dollars Friday, up from 58.32 dollars on the previous day.

The cartel's 12 oil ministers are set to meet Thursday in Vienna to discuss possible changes of production levels, amid a rally that has seen OPEC's oil price climb by more than 8 dollars since the end of April.

OPEC produces more than a third of the world's oil supply. (dpa)