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OPEC basket price August of 2019

Price of the OPEC basket falls in August

In August of 2019, the average price of the OPEC basket so far this month is 59.52$ per barrel, while the price was 64.71$ dollars per barrel in July of 2019. Over last twelve months the price has fallen 17.65%.

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
59.560.73%-15.24%15.54%08/19/2019
OPEC Basket Price ORB: Daily
DatePrice $
2019-08-1959.56$
2019-08-1659.13$
2019-08-1558.87$
2019-08-1459.99$
2019-08-1359.45$
2019-08-1257.96$
2019-08-0958.00$
2019-08-0857.50$
2019-08-0757.82$
2019-08-0659.71$
2019-08-0560.54$
2019-08-0261.67$
2019-08-0163.54$
2019-07-3165.53$
2019-07-3064.62$
2019-07-2963.79$
2019-07-2664.02$
2019-07-2564.55$
2019-07-2464.58$
2019-07-2363.92$
2019-07-2264.27$
2019-07-1962.93$
2019-07-1863.10$
< 2019-07
OPEC Basket Price ORB 2019
DatePrice $Price €
August 201959.52$53.06€
July 201964.71$57.68€
June 201962.92$55.72€
May 201969.97$62.56€
April 201970.73$62.94€
March 201966.37$58.72€
February 201963.82$56.22€
January 201958.74$51.45€
December 201856.94$50.02€
November 201865.33$57.47€
October 201879.58$69.30€
September 201877.18$66.20€
< 2018
OPEC Basket Price ORB evolution 2019