OPEC Reference Basket (ORB) US Dollars per Barrel August 2019

OPEC Reference Basket (ORB) US Dollars per Barrel

OPEC basket price on August30th 2019

In August of 2019, the average price of the OPEC basket was $59.69 per barrel, while the price was $64.71 dollars per barrel in July of 2019. Over last twelve months the price has fallen 17.42%.

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:

Last	Ch.%	Ann. ch.%	YTD%	Date
86.51	-1.15%	5.68%	10.29%	04/22/2024

OPEC Basket Price ORB: Daily

Date	Price $
2019-08-30	$60.11
2019-08-29	$60.24
2019-08-28	$60.16
2019-08-27	$58.98
2019-08-26	$59.18
2019-08-23	$59.67
2019-08-22	$60.50
2019-08-21	$60.66
2019-08-20	$59.94
2019-08-19	$59.46
2019-08-16	$59.03
2019-08-15	$58.77
2019-08-14	$59.88
2019-08-13	$59.34
2019-08-12	$57.84
2019-08-09	$57.88
2019-08-08	$57.38
2019-08-07	$57.70
2019-08-06	$59.59
2019-08-05	$60.41
2019-08-02	$61.55
2019-08-01	$63.37
2019-07-31	$65.53
< 2019-07 2019-09 >

OPEC Basket Price ORB 2019

Date	Price $	Price €
August 2019	$59.69	€53.65
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
< 2018 2020 >

OPEC Basket Price ORB evolution 2019