OPEC Daily Basket Price Stands At 43.38 USD Per Barrel

Mohammad Ali (@ChaudhryMAli88) Published July 14, 2020 | 04:21 PM

OPEC daily basket price stands at 43.38 USD per barrel

The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 43.38 U.S. dollars a barrel on Monday, compared with 43.46 dollars on Friday, according to OPEC Secretariat calculations released Tuesday

VIENNA, (UrduPoint / Pakistan Point News - 14th Jul, 2020 ) :The Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at 43.38 U.S. Dollars a barrel on Monday, compared with 43.46 dollars on Friday, according to OPEC Secretariat calculations released Tuesday.

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.

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