OPEC Reference Basket (ORB) US Dollars per Barrel February 2011

OPEC Reference Basket (ORB) US Dollars per Barrel

OPEC basket price on February28th 2011

The price of OPEC basket crudes stood at $100.29 a barrel, compared with $92.83 the previous month. Over last twelve months the price has raisen 37.4%.

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:

Last	Ch.%	Ann. ch.%	YTD%	Date
87.17	-0.75%	8.92%	11.13%	05/01/2024

OPEC Basket Price ORB: Daily

Date	Price $
2011-02-28	$108.50
2011-02-25	$108.31
2011-02-24	$111.01
2011-02-23	$105.88
2011-02-22	$104.01
2011-02-21	$100.59
2011-02-18	$99.08
2011-02-17	$99.77
2011-02-16	$98.68
2011-02-15	$99.00
2011-02-14	$98.24
2011-02-11	$97.37
2011-02-10	$97.59
2011-02-09	$96.93
2011-02-08	$96.12
2011-02-07	$96.02
2011-02-04	$96.85
2011-02-03	$97.71
2011-02-02	$97.66
2011-02-01	$96.39
2011-01-31	$95.53
2011-01-28	$94.10
2011-01-27	$93.42
< 2011-01 2011-03 >

OPEC Basket Price ORB 2011

Date	Price $	Price €
February 2011	$100.29	€73.48
January 2011	$92.83	€69.48
December 2010	$88.56	€66.99
November 2010	$82.83	€60.63
October 2010	$79.86	€57.46
September 2010	$74.63	€57.11
August 2010	$74.15	€57.51
July 2010	$72.51	€56.78
June 2010	$72.95	€59.75
May 2010	$74.48	€59.28
April 2010	$82.33	€61.41
March 2010	$77.21	€56.90
< 2010 2012 >

OPEC Basket Price ORB evolution 2011