OPEC daily basket price decreases

0 Comment(s)Print E-mail Xinhua, November 26, 2019
Adjust font size:

VIENNA, Nov. 26 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) daily basket price dropped to 64.21 U.S. dollars a barrel on Monday, compared with 64.56 dollars on Friday, according to OPEC Secretariat calculations.

Also known as the OPEC reference basket of crude (ORB), the OPEC basket is a weighted average of oil prices from different OPEC members around the world.

Currently it averages the oil prices from 14 countries, namely Algeria, Angola, the Republic of the Congo, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and Venezuela. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter