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Prices of OPEC Reference Basket oils 2002-2017

Prices of OPEC Reference Basket oils from 2002 to 2017 (in U.S. dollars per barrel)

Prices of OPEC Reference Basket oils 2002-2017 This statistic depicts the prices of oils from the OPEC Reference Basket from 2002 to 2017, measured in U.S. dollars per barrel. Saharan Blend from Algeria stood at some 25 U.S. dollars per barrel in 2002. Ten years later, this figure increased to more than 111 U.S. dollars, before decreasing to 54.12 U.S. dollars in 2017. In 2015, the average annual OPEC crude oil price was 52.51 U.S. dollars per barrel, while in 2014 the price was nearly double that amount at 96.29 U.S. dollars per barrel. Comparatively, the price of West Texas Intermediate crude oil hit a low of 30.32 U.S. dollars per barrel in February 2016.
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Prices of OPEC Reference Basket oils from 2002 to 2017 (in U.S. dollars per barrel)

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This statistic depicts the prices of oils from the OPEC Reference Basket from 2002 to 2017, measured in U.S. dollars per barrel. Saharan Blend from Algeria stood at some 25 U.S. dollars per barrel in 2002. Ten years later, this figure increased to more than 111 U.S. dollars, before decreasing to 54.12 U.S. dollars in 2017. In 2015, the average annual OPEC crude oil price was 52.51 U.S. dollars per barrel, while in 2014 the price was nearly double that amount at 96.29 U.S. dollars per barrel. Comparatively, the price of West Texas Intermediate crude oil hit a low of 30.32 U.S. dollars per barrel in February 2016.
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