OPEC daily basket price increases to 46.27 USD per barrel
Source: Xinhua | 2020-09-02
The Organization of the Petroleum Exporting Countries daily basket price increased to 46.27 U.S. dollars a barrel on Monday, compared with 45.33 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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