1. Raw materials

OPEC Reference Basket (ORB) US Dollars per Barrel

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OPEC basket price on October31th 2014

The average oil price for OPEC crude oils in October was $85.07 per barrel while the price was $95.98 per barrel in September of 2014. Over last twelve months the price has fallen 20.26%.

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:

LastCh.%Ann. ch.%YTD%Date
84.23-3.37%7.23%7.38%05/02/2024
OPEC Basket Price ORB: Daily
DatePrice $
2014-10-31$81.97
2014-10-30$82.79
2014-10-29$83.24
2014-10-28$82.44
2014-10-27$82.37
2014-10-24$82.48
2014-10-23$81.67
2014-10-22$81.94
2014-10-21$82.09
2014-10-20$82.37
2014-10-17$83.19
2014-10-16$81.17
2014-10-15$81.89
2014-10-14$85.14
2014-10-13$85.93
2014-10-10$86.43
2014-10-09$88.27
2014-10-08$88.32
2014-10-07$89.37
2014-10-06$90.40
2014-10-03$90.33
2014-10-02$90.40
2014-10-01$92.19
< 2014-10 2014-11 >
OPEC Basket Price ORB 2014
DatePrice $Price €
October 2014$85.07€67.13
September 2014$95.98€74.40
August 2014$100.76€75.67
July 2014$105.61€78.00
June 2014$107.90€79.38
May 2014$105.44€76.78
April 2014$104.28€75.49
March 2014$104.15€75.35
February 2014$105.38€77.15
January 2014$104.75€76.97
December 2013$107.67€78.57
November 2013$104.96€77.79
< 2013 2015 >
OPEC Basket Price ORB evolution 2014