OPEC daily basket price stands at 34.84 USD per barrel

0 Comment(s)Print E-mail Xinhua, June 5, 2020
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VIENNA, June 5 (Xinhua) -- The Organization of the Petroleum Exporting Countries' (OPEC) daily basket price stood at 34.84 U.S. dollars a barrel on Thursday, compared with 35.46 dollars on Wednesday, according to OPEC Secretariat calculations released on Friday.

Also known as the OPEC reference basket of crude oil, the OPEC basket, a weighted average of oil prices from different OPEC members around the world, is used as an important benchmark for crude oil prices. Enditem

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