1. Raw materials

OPEC Reference Basket (ORB) US Dollars per Barrel

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OPEC basket price on November30th 2021

In November of 2021, the average price of the OPEC basket was $80.34 per barrel, while the price was $82.07 dollars per barrel in October of 2021. Over last twelve months the price has raisen 88.55%.

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
83.79-0.52%13.61%6.82%05/03/2024
OPEC Basket Price ORB: Daily
DatePrice $
2021-11-30$71.01
2021-11-29$74.20
2021-11-26$76.09
2021-11-25$81.31
2021-11-24$81.75
2021-11-23$79.40
2021-11-22$78.90
2021-11-19$80.32
2021-11-18$79.37
2021-11-17$81.10
2021-11-16$82.01
2021-11-15$80.90
2021-11-12$81.64
2021-11-11$81.93
2021-11-10$83.69
2021-11-09$82.64
2021-11-08$82.34
2021-11-05$80.11
2021-11-04$81.42
2021-11-03$81.58
2021-11-02$83.37
2021-11-01$82.49
2021-10-29$82.87
< 2021-10 2021-12 >
OPEC Basket Price ORB 2021
DatePrice $Price €
November 2021$80.34€70.39
October 2021$82.07€70.74
September 2021$73.89€62.78
August 2021$70.33€59.74
July 2021$73.52€62.19
June 2021$71.89€59.67
May 2021$66.91€55.09
April 2021$63.25€52.80
March 2021$64.57€54.27
February 2021$61.04€50.45
January 2021$54.38€44.68
December 2020$49.17€40.40
< 2020 2022 >
OPEC Basket Price ORB evolution 2021