OPEC Reference Basket (ORB) US Dollars per Barrel

Subscribe to our free email alert service

OPEC basket price on May14th 2021

The price of OPEC basket crudes so far this month stand at 66.79$ a barrel, compared with 63.25$ the previous month. Over last twelve months the price has raisen 167.48%.

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
66.16-0.93%165.38%31.69%05/14/2021
OPEC Basket Price ORB: Daily
DatePrice $
2021-05-1466.16$
2021-05-1366.78$
2021-05-1267.46$
2021-05-1166.39$
2021-05-1067.10$
2021-05-0766.57$
2021-05-0667.49$
2021-05-0568.20$
2021-05-0466.67$
2021-05-0365.09$
2021-04-3065.42$
2021-04-2965.71$
2021-04-2864.53$
2021-04-2763.91$
2021-04-2663.22$
2021-04-2363.63$
2021-04-2263.06$
2021-04-2164.02$
2021-04-2065.36$
2021-04-1965.10$
2021-04-1665.21$
2021-04-1564.48$
2021-04-1463.39$
< 2021-04
OPEC Basket Price ORB 2021
DatePrice $Price €
May 202166.79$55.76€
April 202163.25$52.80€
March 202164.57$54.27€
February 202161.04$50.45€
January 202154.38$44.68€
December 202049.17$40.40€
November 202042.61$35.99€
October 202040.08$34.04€
September 202041.54$35.23€
August 202044.97$38.02€
July 202043.42$37.88€
June 202037.05$32.92€
< 2020
OPEC Basket Price ORB evolution 2021