1. Raw materials

OPEC Reference Basket (ORB) US Dollars per Barrel

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OPEC basket price on July31th 2019

The price of OPEC basket crudes stood at $64.71 a barrel, compared with $62.92 the previous month. Over last twelve months the price has fallen 11.66%.

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
84.301.51%10.47%7.47%05/09/2024
OPEC Basket Price ORB: Daily
DatePrice $
2019-07-31$65.53
2019-07-30$64.62
2019-07-29$63.79
2019-07-26$64.02
2019-07-25$64.55
2019-07-24$64.58
2019-07-23$63.92
2019-07-22$64.27
2019-07-19$62.93
2019-07-18$63.10
2019-07-17$64.60
2019-07-16$66.13
2019-07-15$66.79
2019-07-12$67.36
2019-07-11$67.57
2019-07-10$66.10
2019-07-09$64.35
2019-07-08$64.72
2019-07-05$63.55
2019-07-04$63.43
2019-07-03$62.69
2019-07-02$63.95
2019-07-01$65.71
< 2019-07 2019-08 >
OPEC Basket Price ORB 2019
DatePrice $Price €
July 2019$64.71€57.68
June 2019$62.92€55.72
May 2019$69.97€62.56
April 2019$70.73€62.94
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
< 2018 2020 >
OPEC Basket Price ORB evolution 2019