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  1. #1

    Join Date
    Aug 2011
    Lahore, Pakistan
    Blog Entries

    OPEC oil October 27 fell by 0.13% - to $ 82.37

    The price of oil "baskets" OPEC (OPEC Reference Basket of crudes) on Monday, October 27 fell by $ 0.11, or 0.13% - to 82.37 dollars per barrel from 82.48 dollars per barrel in the previous trading day, should be the message of the organization.

    The average price of the "basket" in August amounted to 100.75 dollars per barrel, then in September it dropped below $ 100 per barrel, reaching an average of 95.98 dollars. The current average price in October was 85.75 dollars. At the same time, the average price of oil "basket" of OPEC in the current year is still above $ 100 a barrel - 102.24 dollars.

    Fotolia / ekina

    In 2013, the average price of the "basket" totaled 105.87 dollars per barrel in 2012 - 109.45 dollars, in 2011 - 107.46 dollars, in 2010 - 77.45 dollars. Record Prices "basket" was established July 3, 2008 - 140.73 dollars per barrel.

    Price "baskets" OPEC is defined as the arithmetic average of the prices of the following grades of oil producing countries of the cartel: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait ), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

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  3. #2
    Junior Member

    Join Date
    Aug 2014
    Now it is on 52$ per barrel.

  4. #3
    Junior Member

    Join Date
    Oct 2016

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