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OPEC crude rises above $42 a barrel

Commodity Online
VIENA : Organization of the Petroleum Exporting Countries (OPEC) on Friday said the price for oil produced by its member countries rose to $42.05 a barrel Thursday.

In a statement issued here the Vienna based oil cartel said one barrel of its crude gained $0.41a barrel on Thursday.

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OPEC calculates its basket price based on 12 brands

MCX FLAKE MENTHOL 29 February 2012 contract was trading at Rs 1724 , up Rs. 99 . What's your view on it?
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