OPEC Reference Basket (ORB) US Dollars per Barrel

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OPEC basket price on March29th 2019

The average oil price for OPEC crude oils in March was $66.37 per barrel while the price was $63.82 per barrel in February of 2019. Over last twelve months the price has raisen 4.27%.

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
83.74-0.06%12.72%6.76%05/06/2024
OPEC Basket Price ORB: Daily
DatePrice $
2019-03-29$67.23
2019-03-28$66.38
2019-03-27$67.15
2019-03-26$67.03
2019-03-25$66.19
2019-03-22$66.67
2019-03-21$67.78
2019-03-20$67.54
2019-03-19$67.25
2019-03-18$66.87
2019-03-15$66.91
2019-03-14$67.29
2019-03-13$66.60
2019-03-12$66.30
2019-03-11$66.01
2019-03-08$64.78
2019-03-07$65.57
2019-03-06$65.04
2019-03-05$64.98
2019-03-04$64.86
2019-03-01$65.32
2019-02-28$65.28
2019-02-27$64.97
< 2019-02 2019-04 >
OPEC Basket Price ORB 2019
DatePrice $Price €
March 2019$66.37€58.72
February 2019$63.82€56.22
January 2019$58.74€51.45
December 2018$56.94€50.02
November 2018$65.33€57.47
October 2018$79.58€69.30
September 2018$77.18€66.20
August 2018$72.28€62.59
July 2018$73.25€62.68
June 2018$73.00€62.51
May 2018$74.12€62.75
April 2018$68.30€55.64
< 2018 2020 >
OPEC Basket Price ORB evolution 2019