OPEC crude price stable at 110.51 dollars

OPEC crude price hovers above 108 dollars Vienna- The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell only slightly on Tuesday, OPEC announced on Wednesday.

One barrel (159 litres) of OPEC-produced crude stood at 110.51 dollars Tuesday, from 110.61 dollars on the previous day.

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