1. Raw materials

OPEC Reference Basket (ORB) US Dollars per Barrel

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OPEC basket price on November30th 2016

The average oil price for OPEC crude oils in November was $43.22 per barrel while the price was $47.86 per barrel in October of 2016. Over last twelve months the price has raisen 6.72%.

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
88.72-0.53%10.93%13.11%04/29/2024
OPEC Basket Price ORB: Daily
DatePrice $
2016-11-30$44.80
2016-11-29$43.87
2016-11-28$43.84
2016-11-25$44.88
2016-11-24$45.22
2016-11-23$45.37
2016-11-22$45.25
2016-11-21$44.34
2016-11-18$42.33
2016-11-17$42.83
2016-11-16$42.90
2016-11-15$41.84
2016-11-14$40.94
2016-11-11$41.54
2016-11-10$42.67
2016-11-09$41.90
2016-11-08$42.22
2016-11-07$41.98
2016-11-04$41.85
2016-11-03$42.62
2016-11-02$43.10
2016-11-01$44.51
2016-10-31$45.83
< 2016-10 2016-12 >
OPEC Basket Price ORB 2016
DatePrice $Price €
November 2016$43.22€40.02
October 2016$47.86€43.41
September 2016$42.89€38.25
August 2016$43.10€38.44
July 2016$42.68€38.56
June 2016$45.82€40.81
May 2016$43.20€38.19
April 2016$37.85€33.38
March 2016$34.64€31.21
February 2016$28.71€25.88
January 2016$26.50€24.40
December 2015$33.67€30.96
< 2015 2017 >
OPEC Basket Price ORB evolution 2016