Opec oil price data

As of July 2016: The basket price includes the Gabonese crude "Rabi Light". As of January 2017: The basket price excludes the Indonesian crude "Minas". As of June 2017: The basket price includes the Equatorial Guinean crude "Zafiro". As of June 2018: The basket price includes the Congolese crude "Djeno". OPEC Member Countries’ historical production data, directly communicated or based on secondary sources, are available in OPEC’s Monthly Oil Market Reports. These reports can be viewed here . Top of Page Print Page Data / Graphs. OPEC Basket Price; Taxes on Oil; OPEC Oil Reserves; OPEC Upstream Investment; OPEC Downstream Capacity; Market Indicators; Historical Production Data; Publications. Bulletins; OPEC Basket Price ; Taxes on Oil ; OPEC Oil Reserves ; OPEC Upstream Investment ; OPEC Downstream Capacity ; Market Indicators ; Historical Production

Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. OPEC member countries produce about 40 percent of the world's crude oil. Equally important to global prices, OPEC's oil exports represent about 60 percent of the total petroleum traded internationally. The source for financial, economic, and alternative datasets, serving investment professionals. Crude oil slumped to its lowest since 2016 on Monday as the coronavirus pandemic continued to weigh on global demand amid a price war between OPEC and its allies that's boosting supply. The OPEC basket oil price The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) Basket. This basket is an average of the prices of petroleum blends that are produced OPEC can keep trying in vain to prop up prices. The 2020 oil highs are already in from earlier this month. We're looking at $40 oil by the end of the year and $30s next year. Notes: OPEC and non-OPEC compliance measures crude output. For OPEC supply, Bloomberg uses secondary source data published in the organization’s latest Monthly Oil Market Report.

An innovative OPEC oil price band mechanism helped strengthen and stabilise crude prices in the early years of the decade. But a combination of market forces,  

30 Sep 2015 Oil production figures are millions of barrels a day of crude oil, including lease condensate. The latest monthly data available for this measure is  Based on data provided by the U.S. Energy Information Administration, annual average non-OPEC conventional crude oil production increased by 16 percent over  12 Jul 2017 8. OPEC Monthly Oil Market Report – July 2017. Table 2 - 1: Commodity price data. Average energy prices in June decreased by 6.0% m-o-m,  An innovative OPEC oil price band mechanism helped strengthen and stabilise crude prices in the early years of the decade. But a combination of market forces,  

6 Feb 2019 OPEC's actions led only to a short-lived curtailing of shale oil production. In late 2016 it had to reconsider its approach as global demand worries 

An innovative OPEC oil price band mechanism helped strengthen and stabilise crude prices in the early years of the decade. But a combination of market forces,   As of July 2016: The basket price includes the Gabonese crude "Rabi Light". As of January 2017: The basket price excludes the Indonesian crude "Minas". As of June 2017: The basket price includes the Equatorial Guinean crude "Zafiro". As of June 2018: The basket price includes the Congolese crude "Djeno". OPEC Member Countries’ historical production data, directly communicated or based on secondary sources, are available in OPEC’s Monthly Oil Market Reports. These reports can be viewed here . Top of Page Print Page Data / Graphs. OPEC Basket Price; Taxes on Oil; OPEC Oil Reserves; OPEC Upstream Investment; OPEC Downstream Capacity; Market Indicators; Historical Production Data; Publications. Bulletins; OPEC Basket Price ; Taxes on Oil ; OPEC Oil Reserves ; OPEC Upstream Investment ; OPEC Downstream Capacity ; Market Indicators ; Historical Production This statistic depicts the OPEC oil price development between 1960 and 2019. In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. OPEC collects and analyzes a vast amount of industry-related data. In the Market Indicators snapshot we present some of the most commonly asked-for statistics and data relating to the oil market. If you are looking for the latest figures on OPEC output levels, oil prices, or supply and demand, you will find it here.

Crude oil slumped to its lowest since 2016 on Monday as the coronavirus pandemic continued to weigh on global demand amid a price war between OPEC and its allies that's boosting supply.

However, the most recent decline in prices has raised expectations that OPEC and its allies would implement deeper cuts to stabilise the market. US crude oil dropped as much as 0.5% to $55.72 per barrel while Brent crude fell nearly 0.3% to $61.07 per barrel, around 06:30 AM NY time. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel. Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. Looking for additional market data? Visit old.nasdaq.com

The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of March 13, 2020 is $31.73 per barrel.

6 Feb 2019 OPEC's actions led only to a short-lived curtailing of shale oil production. In late 2016 it had to reconsider its approach as global demand worries  30 Sep 2015 Oil production figures are millions of barrels a day of crude oil, including lease condensate. The latest monthly data available for this measure is  Based on data provided by the U.S. Energy Information Administration, annual average non-OPEC conventional crude oil production increased by 16 percent over  12 Jul 2017 8. OPEC Monthly Oil Market Report – July 2017. Table 2 - 1: Commodity price data. Average energy prices in June decreased by 6.0% m-o-m,  An innovative OPEC oil price band mechanism helped strengthen and stabilise crude prices in the early years of the decade. But a combination of market forces,   As of July 2016: The basket price includes the Gabonese crude "Rabi Light". As of January 2017: The basket price excludes the Indonesian crude "Minas". As of June 2017: The basket price includes the Equatorial Guinean crude "Zafiro". As of June 2018: The basket price includes the Congolese crude "Djeno".

23 Oct 2019 API inventory data. On October 22, the American Petroleum Institute (or API) released its inventory report. Although the Reuters poll estimated a