• Costa Rica Coffee Guide

Global Oil Prices Drop With Good Weather News

December 10, 2004

VIENNA – The Secretariat of theOrganization of Petroleum ExportingCountries (OPEC) announced Mondaythat the price of crude oil fell $0.07 lastweek to an average of $38.50 per barrel.The average price of OPEC crude in 2003was $28.10.The 11 OPEC members, Saudi Arabia,Algeria, the United Arab Emirates,Indonesia, Iraq, Iran, Kuwait, Libya,Nigeria, Qatar and Venezuela, have set anofficial oil price target band of $22-28 perbarrel.In October, the price of oil skyrocketedto $45.37, an OPEC record.Recent price reductions are partiallydue to reports that the winter season inthe United States, the world’s largest consumerof petroleum, will be less severethan initially predicted by meteorologists.The OPEC Secretariat said prices willlikely continue to drop unless thesereports change.

You may be interested

Costa Rica registers uptick in visitors in March
Costa Rica
2 views
Costa Rica
2 views

Costa Rica registers uptick in visitors in March

Alejandro Zúñiga - April 16, 2021

Costa Rica welcomed nearly 90,000 international arrivals in March, a significant increase compared with the first two months of 2021,…

Why Costa Rica is re-applying driving restrictions
Costa Rica
1949 views
Costa Rica
1949 views

Why Costa Rica is re-applying driving restrictions

The Tico Times - April 16, 2021

Costa Rica will restart its weekend daytime driving restrictions beginning this Saturday. Click here for all the details. The Presidency…

Costa Rica to restart weekend driving restrictions
Costa Rica
1944 views
Costa Rica
1944 views

Costa Rica to restart weekend driving restrictions

Alejandro Zúñiga - April 16, 2021

Costa Rica will restart its weekend daytime driving restrictions beginning this Saturday, April 17. On Saturdays, only vehicles with license…