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

OPEC Reference Basket (ORB) US Dollars per Barrel

OPEC basket price on March31th 2011

In March of 2011, the average price of the OPEC basket was $109.84 per barrel, while the price was $100.29 dollars per barrel in February of 2011. Over last twelve months the price has raisen 42.26%.

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
88.72	-0.53%	10.93%	13.11%	04/29/2024

OPEC Basket Price ORB: Daily

Date	Price $
2011-03-31	$111.42
2011-03-30	$110.18
2011-03-29	$109.87
2011-03-28	$110.37
2011-03-25	$110.91
2011-03-24	$110.81
2011-03-23	$111.09
2011-03-22	$110.23
2011-03-21	$110.10
2011-03-18	$110.54
2011-03-17	$108.08
2011-03-16	$105.80
2011-03-15	$106.56
2011-03-14	$107.87
2011-03-11	$109.18
2011-03-10	$110.71
2011-03-09	$109.96
2011-03-08	$109.55
2011-03-07	$112.03
2011-03-04	$111.42
2011-03-03	$110.48
2011-03-02	$110.83
2011-03-01	$108.27
< 2011-03 2011-04 >

OPEC Basket Price ORB 2011

Date	Price $	Price €
March 2011	$109.84	€78.46
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
< 2010 2012 >

OPEC Basket Price ORB evolution 2011