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OPEC basket price August of 2018

OPEC oil prices fell in August

The price of OPEC basket crudes so far this month stand at 71.41$ a barrel, compared with 73.25$ the previous month. Over last twelve months the price has raisen 43.94%.

The OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC countries members. It is used as an important benchmark for crude oil prices.

OPEC stands for Organization of the Petroleum Exporting Countries, it coordinates the oil policies of its member countries, and consequently to have the influence on the international oil market.

These are the members of the OPEC: Algeria, Angola, Ecuador, Gabon, Iraq, Iran, Qatar, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates.

Related data:

LastCh.%Ann. ch.%YTD%Date
69.47-0.43%42.68%7.76%08/16/2018
OPEC Basket Price ORB: Daily
DatePrice $
2018-08-1669.47$
2018-08-1569.77$
2018-08-1471.33$
2018-08-1370.97$
2018-08-1070.60$
2018-08-0972.03$
2018-08-0872.10$
2018-08-0772.58$
2018-08-0672.27$
2018-08-0372.07$
2018-08-0271.61$
2018-08-0172.10$
2018-07-3173.62$
2018-07-3073.53$
2018-07-2773.69$
2018-07-2673.62$
2018-07-2572.87$
2018-07-2472.01$
2018-07-2371.85$
2018-07-2071.57$
2018-07-1970.91$
2018-07-1869.98$
2018-07-1770.38$
< 2018-07
OPEC Basket Price ORB 2018
DatePrice $Price €
August 201871.41$61.11€
July 201873.25$62.68€
June 201873.00$62.51€
May 201874.12$62.75€
April 201868.30$55.64€
March 201863.65$51.60€
February 201863.46$51.39€
January 201866.85$54.80€
December 201762.06$52.43€
November 201760.74$51.75€
October 201755.36$47.09€
September 201753.41$44.83€
< 2017
OPEC Basket Price ORB evolution 2018