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OPEC basket price February of 2019

OPEC oil prices up in February

In February of 2019, the average price of the OPEC basket so far this month is 62.11$ per barrel, while the price was 58.74$ dollars per barrel in January of 2019. Over last twelve months the price has fallen 2.13%.

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
64.282.13%6.04%24.69%02/14/2019
OPEC Basket Price ORB: Daily
DatePrice $
2019-02-1464.28$
2019-02-1362.94$
2019-02-1261.88$
2019-02-1161.40$
2019-02-0861.37$
2019-02-0761.57$
2019-02-0662.30$
2019-02-0562.07$
2019-02-0462.32$
2019-02-0160.93$
2019-01-3161.19$
2019-01-3060.93$
2019-01-2959.71$
2019-01-2859.57$
2019-01-2560.90$
2019-01-2460.22$
2019-01-2360.52$
2019-01-2260.66$
2019-01-2161.49$
2019-01-1860.90$
2019-01-1759.63$
2019-01-1659.52$
2019-01-1558.24$
< 2019-01
OPEC Basket Price ORB 2019
DatePrice $Price €
February 201962.11$54.41€
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€
August 201872.28$62.59€
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€
< 2018
OPEC Basket Price ORB evolution 2019