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OPEC basket price December of 2019

Price of the OPEC basket goes up

The average oil price for OPEC crude oils in December was 64.55$ per barrel while the price was 62.94$ per barrel in November of 2019. Over last twelve months the price has raisen 13.36%.

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
65.810.66%11.17%27.66%12/12/2019
OPEC Basket Price ORB: Daily
DatePrice $
2019-12-1265.81$
2019-12-1165.38$
2019-12-1065.66$
2019-12-0965.57$
2019-12-0665.24$
2019-12-0564.81$
2019-12-0463.39$
2019-12-0362.57$
2019-12-0262.50$
2019-11-2963.83$
2019-11-2863.94$
2019-11-2764.40$
2019-11-2663.92$
2019-11-2564.21$
2019-11-2264.56$
2019-11-2163.68$
2019-11-2062.22$
2019-11-1962.51$
2019-11-1863.44$
2019-11-1563.12$
2019-11-1463.00$
2019-11-1362.48$
2019-11-1262.82$
< 2019-11
OPEC Basket Price ORB 2019
DatePrice $Price €
December 201964.55$58.41€
November 201962.94$56.95€
October 201959.87$54.17€
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€
< 2018
OPEC Basket Price ORB evolution 2019