OPEC Basket Price
What Is the OPEC Basket?
The OPEC Basket is a weighted average of oil prices from the different OPEC members around the world.Members of the Organization of the Petroleum Exporting Countries(OPEC)contribute data that forms the basis of the basket.The basket is a benchmark,or reference point,for those monitoring the oil price and the stability of the global oil market.
The OPEC Basket is also known as the OPEC Reference Basket(ORB)or the OPEC Reference Basket of Crude.
OPEC Basket Price Chart as Follow:
Statement:The content of this article does not represent the views of fxgecko website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!
iPhone 14 and iPhone 14 Plus new features