Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) eased by a further 0.72 dollars Thursday, OPEC said Friday.

One barrel (159 litres) of OPEC crude stood at 89.28 dollars on Thursday, compared with 90.00 dollars on the previous day.

The cartel revised its Wednesday price to 90.00 dollars, up from 89.99 dollars stated previously.

OPEC calculates an average basket price based on 13 important brands produced by cartel members. (dpa)