The price oil “baskets” the OPEC has fallen by 32 per cent compared with the bid the previous day.
MOSCOW, 27 Jan. The price oil “baskets” the OPEC (OPEC Reference Basket of crudes) on Monday, October 26, decreased by 0.32 million, or 0.73% to 43,13 USD per barrel with 43,45 of the dollar in the previous trading day, the message of the organization.
The average price of a barrel in October is 45,38 dollar in 2015 is 52,15 USD.
In 2014, the average price oil “baskets” was 96,29 dollar against 105,87 dollars per barrel in 2013. The cost of the “basket” dropped below $ 100 in September 2014 and totalled 95,98 dollars per barrel.
In 2012, the average price of a “basket” was 109,45 dollars per barrel, in 2011 — 107,46 dollar, in 2010 — 77,45 dollar. The record price of basket was set July 3, 2008 — 140,73 dollars per barrel.
The price “baskets” the OPEC is defined as the average of the prices of the following grades of oil extracted by the countries of 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).