At major mercantile exchanges price for crude oil has fallen to $30.71 per barrel

/Kazakhstan today, January 7, 03/ - At major world mercantile exchanges price for crude oil, which is produced by states-members of Organization of countries- exporters of oil (OPEK), and Mexico has fallen to $30.71 per barrel. About this a correspondent of KZ-today came to know from the message, which was published in OPEK's official site. In the opinion of OPEK's experts, it significantly exceeds the upper limit of the corridor of crude oil pricing corridor, which was developed by OPEK's governing body and equals to $22-28 per barrel. During the previous session the price of one barrel of crude oil from "the bucket" of OPEK was $30.83. At New-York mercantile exchange of electronic trades "NYMEX" prices for American oil "Best Texas intermade" on futures contracts with delivery in February of this year also significantly decreased in comparison with previous session and equaled to $32.10 per barrel. thus, price fell by almost one dollar at a time, and the price of March futures fell by 78 cents to $31.44 per barrel. Refined mineral oils at "NYMEX" on February futures were traded, as well as oil, at lower prices: cost of one gallon of gasoline was 88.20 cents that is less by 3.70 cents than at previous session, and 88.79 cents were offered for one gallon of fuel mazut that is less by 3.03 cents than at previous trades. Price for natural gas at NYMEX also fell and was traded on February futures at $4.94 for 1 th. cubic foots that is less by 4.09 cents in comparison with previous trades. [2003-01-07]