The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...
(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Dec 11 (KUNA) -- In November, the OPEC Reference Basket (ORB) value dropped by $1.47, or 2.0%, month-on-month (m-o-m), to average $72.98/b, according to ...
In December, the OPEC Reference Basket (ORB) rose by nine cents, or 0.1 percent, m-o-m, to average USD 73.07/b, according to OPEC Monthly Oil Market Report January 2025 ...
The price of OPEC basket of thirteen crudes stood at US$99.13 a barrel on Monday, compared with US$97.43 the previous Friday, according to OPEC Secretariat calculations. The OPEC ...
The price of OPEC basket of thirteen crudes stood at US$86.20 a barrel on Tuesday, compared with US$84.18 the previous day, according to OPEC Secretariat calculations.The OPEC Ref ...
The average price for a basket of crudes from Opec producers fell to $25 a barrel on Thursday, the group said, even before unrestrained exports from Iran hit the market. Benchmark global oil ...
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...
The average price of Iran's heavy crude for 2024 stood at $80.30 per barrel. OPEC's basket price also fell to $72.98 per barrel in November, reflecting a $1.47 (2%) decline from October. OPEC's latest ...