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OPEC basket price October of 2019

Crude oil prices of the OPEC declines in October

In October of 2019, the average price of the OPEC basket so far this month is 58.98$ per barrel, while the price was 62.36$ dollars per barrel in September of 2019. Over last twelve months the price has fallen 25.89%.

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
60.953.82%-23.95%18.23%10/11/2019
OPEC Basket Price ORB: Daily
DatePrice $
2019-10-1160.95$
2019-10-1058.71$
2019-10-0958.65$
2019-10-0858.53$
2019-10-0759.09$
2019-10-0458.59$
2019-10-0357.96$
2019-10-0258.72$
2019-10-0159.65$
2019-09-3061.09$
2019-09-2762.51$
2019-09-2662.31$
2019-09-2562.35$
2019-09-2463.93$
2019-09-2364.51$
2019-09-2065.30$
2019-09-1964.39$
2019-09-1864.57$
2019-09-1767.88$
2019-09-1666.43$
2019-09-1360.02$
2019-09-1260.51$
2019-09-1162.08$
< 2019-09
OPEC Basket Price ORB 2019
DatePrice $Price €
October 201958.98$53.60€
September 201962.36$56.67€
August 201959.69$53.65€
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€
< 2018
OPEC Basket Price ORB evolution 2019