OPEC Reference Basket (ORB) US Dollars per Barrel

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OPEC basket price on April30th 2018

The average oil price for OPEC crude oils in April was $68.3 per barrel while the price was $63.65 per barrel in March of 2018. Over last twelve months the price has raisen 32.7%.

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
84.98-1.09%13.29%8.34%03/27/2024
OPEC Basket Price ORB: Daily
DatePrice $
2018-04-30$71.02
2018-04-27$71.24
2018-04-26$71.00
2018-04-25$70.50
2018-04-24$71.35
2018-04-23$70.51
2018-04-20$70.37
2018-04-19$70.96
2018-04-18$69.39
2018-04-17$68.36
2018-04-16$68.41
2018-04-13$69.29
2018-04-12$68.74
2018-04-11$68.29
2018-04-10$66.95
2018-04-09$65.08
2018-04-06$64.81
2018-04-05$65.17
2018-04-04$64.48
2018-04-03$64.97
2018-04-02$66.08
2018-03-29$65.87
2018-03-28$66.06
< 2018-03 2018-05 >
OPEC Basket Price ORB 2018
DatePrice $Price €
April 2018$68.30€55.64
March 2018$63.65€51.60
February 2018$63.46€51.39
January 2018$66.85€54.80
December 2017$62.06€52.43
November 2017$60.74€51.75
October 2017$55.36€47.09
September 2017$53.41€44.83
August 2017$49.61€42.02
July 2017$46.93€40.77
June 2017$45.21€40.26
May 2017$49.17€44.47
< 2017 2019 >
OPEC Basket Price ORB evolution 2018