Logo

OPEC basket price February of 2018

Crude oil prices of the OPEC declines in February

The price of OPEC basket crudes so far this month stand at 63.27$ a barrel, compared with 66.85$ the previous month. Over last twelve months the price has raisen 20.86%.

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
62.890.77%18.41%-2.45%02/19/2018
OPEC Basket Price ORB: Daily
DatePrice $
2018-02-1962.89$
2018-02-1662.41$
2018-02-1562.09$
2018-02-1460.62$
2018-02-1360.52$
2018-02-1261.04$
2018-02-0961.57$
2018-02-0862.69$
2018-02-0764.30$
2018-02-0664.83$
2018-02-0565.70$
2018-02-0267.05$
2018-02-0166.83$
2018-01-3166.28$
2018-01-3066.60$
2018-01-2967.60$
2018-01-2667.94$
2018-01-2568.46$
2018-01-2467.61$
2018-01-2367.32$
2018-01-2266.89$
2018-01-1966.48$
2018-01-1867.20$
< 2018-01
OPEC Basket Price ORB 2018
DatePrice $Price €
February 201863.27$51.86€
January 201866.85$54.80€
December 201762.06$52.43€
November 201760.74$51.75€
October 201755.36$47.09€
September 201753.41$44.83€
August 201749.61$42.02€
July 201746.93$40.77€
June 201745.21$40.26€
May 201749.17$44.47€
April 201751.47$48.00€
January 201752.35$49.32€
< 2017
OPEC Basket Price ORB evolution 2018