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OPEC basket price December of 2018

OPEC oil prices fell in December

In December of 2018, the average price of the OPEC basket so far this month is 59.65$ per barrel, while the price was 65.33$ dollars per barrel in November of 2018. Over last twelve months the price has fallen 3.88%.

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
59.201.08%-5.66%-8.17%12/12/2018
OPEC Basket Price ORB: Daily
DatePrice $
2018-12-1259.20$
2018-12-1158.57$
2018-12-1059.72$
2018-12-0759.20$
2018-12-0658.79$
2018-12-0560.08$
2018-12-0461.09$
2018-12-0360.57$
2018-11-3058.33$
2018-11-2958.09$
2018-11-2859.25$
2018-11-2759.05$
2018-11-2659.29$
2018-11-2360.27$
2018-11-2262.08$
2018-11-2162.33$
2018-11-2064.02$
2018-11-1965.46$
2018-11-1666.00$
2018-11-1565.28$
2018-11-1464.51$
2018-11-1367.01$
2018-11-1269.82$
< 2018-11
OPEC Basket Price ORB 2018
DatePrice $Price €
December 201859.65$52.48€
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€
February 201863.46$51.39€
January 201866.85$54.80€
< 2017
OPEC Basket Price ORB evolution 2018