The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...

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 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 basket oil price used by OPEC to help determine its production policy fell below 28 dollars on Wednesday for the first time for four months, the organization said. The price, based on an ...

(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Dec 11 (KUNA) -- In November, the OPEC Reference Basket (ORB ... The forward curves of oil futures prices flattened further, with the nearest time ...

The OPEC basket price of global cruds fell to $23.30 on Monday from $23.51 on Friday, the OPECNA agency reported. Analyst said the market weakness was largely due to technical selling ...

The Organization of the Petroleum Exporting Countries (OPEC+) on Sunday agreed to extend output cuts through next year, ...

Opec was formed in 1960 as a cartel, which aimed to fix the worldwide supply of oil and its price. Opec nations produce about 30% of the world's crude oil. Saudi Arabia is the biggest single oil ...

The move seeks to keep prices stable after Brent crude dropped below US$100 / barrel in August, on fears that major economies were falling into recession, hitting energy demand. “The OPEC and ...