OPEC$55214$ - definition. What is OPEC$55214$
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  3. OPEC$55214$

%ما هو (من)٪ 1 - تعريف

WEIGHTED AVERAGE OF PRICES FOR PETROLEUM BLENDS PRODUCED BY OPEC MEMBERS
OPEC basket
  • OPEC Basket Price}}

OPEC         
  • OPEC Conference delegates at [[Swissotel]], [[Quito]], [[Ecuador]], December 2010
  • date=11 October 2022}}</ref>
  • Fluctuations of Brent crude oil price, 1988–2015<ref name=Brent/>
  • Countries by oil production (2013)
  • reason=Brent shown as sweeter than WTI, yet most sources claim the opposite. That and other claims in image probably need checking and sourcing. Example: http://www.petroleum.co.uk/benchmarks}}
  • Gusher well in Saudi Arabia: conventional source of OPEC production
  • Shale "fracking" in the US: important new challenge to OPEC market share
  • An undersupplied US gasoline station, closed during the oil embargo in 1973
  • JODI]], in which OPEC is a founding member
  • url-status=live }}</ref>
  • OPEC members' net oil export revenues, 2000–2020
  • Countries by net oil exports (2008)
  • archive-date=7 January 2008 }}</ref><ref name=EIA2015/>
  • OPEC headquarters in Vienna (2009 building)
  • A woman uses wood in a fireplace for heat. A newspaper headline in the foreground shows a story regarding a lack of heating oil in the community.
INTERNATIONAL ORGANIZATION OF PETROLEUM-EXPORTING COUNTRIES
Organisation of the Petroleum Exporting Countries; Organization of Petroleum Exporting Countries; Opec; Organization of Petroleum-Exporting Countries; Flag of the Organization of Petroleum Exporting Countries; OPEP; OPEC Cartel; Organization of petroleum exporting countries; Opec cartel; OPEC oil price shock; Organization of the Petroleum Exporting Countries; Member states of OPEC; Energy in the OPEC countries; OPEC Plus; OPEC+; List of OPEC members
OPEC is an organization of countries that produce oil. It tries to develop a common policy and system of prices. OPEC is an abbreviation for 'Organization of Petroleum-Exporting Countries'.
Each member of OPEC would seek to maximize its own production.
N-PROPER
Organization of Petroleum Exporting Countries         
  • OPEC Conference delegates at [[Swissotel]], [[Quito]], [[Ecuador]], December 2010
  • date=11 October 2022}}</ref>
  • Fluctuations of Brent crude oil price, 1988–2015<ref name=Brent/>
  • Countries by oil production (2013)
  • reason=Brent shown as sweeter than WTI, yet most sources claim the opposite. That and other claims in image probably need checking and sourcing. Example: http://www.petroleum.co.uk/benchmarks}}
  • Gusher well in Saudi Arabia: conventional source of OPEC production
  • Shale "fracking" in the US: important new challenge to OPEC market share
  • An undersupplied US gasoline station, closed during the oil embargo in 1973
  • JODI]], in which OPEC is a founding member
  • url-status=live }}</ref>
  • OPEC members' net oil export revenues, 2000–2020
  • Countries by net oil exports (2008)
  • archive-date=7 January 2008 }}</ref><ref name=EIA2015/>
  • OPEC headquarters in Vienna (2009 building)
  • A woman uses wood in a fireplace for heat. A newspaper headline in the foreground shows a story regarding a lack of heating oil in the community.
INTERNATIONAL ORGANIZATION OF PETROLEUM-EXPORTING COUNTRIES
Organisation of the Petroleum Exporting Countries; Organization of Petroleum Exporting Countries; Opec; Organization of Petroleum-Exporting Countries; Flag of the Organization of Petroleum Exporting Countries; OPEP; OPEC Cartel; Organization of petroleum exporting countries; Opec cartel; OPEC oil price shock; Organization of the Petroleum Exporting Countries; Member states of OPEC; Energy in the OPEC countries; OPEC Plus; OPEC+; List of OPEC members
An association of the world's oil-producing countries, formed in 1960, with headquarters in Vienna, Austria. The chief purpose of OPEC is to coordinate the petroleum policies of its members: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. See: Organization of Arab Petroleum Exporting Countries
OPEC         
  • OPEC Conference delegates at [[Swissotel]], [[Quito]], [[Ecuador]], December 2010
  • date=11 October 2022}}</ref>
  • Fluctuations of Brent crude oil price, 1988–2015<ref name=Brent/>
  • Countries by oil production (2013)
  • reason=Brent shown as sweeter than WTI, yet most sources claim the opposite. That and other claims in image probably need checking and sourcing. Example: http://www.petroleum.co.uk/benchmarks}}
  • Gusher well in Saudi Arabia: conventional source of OPEC production
  • Shale "fracking" in the US: important new challenge to OPEC market share
  • An undersupplied US gasoline station, closed during the oil embargo in 1973
  • JODI]], in which OPEC is a founding member
  • url-status=live }}</ref>
  • OPEC members' net oil export revenues, 2000–2020
  • Countries by net oil exports (2008)
  • archive-date=7 January 2008 }}</ref><ref name=EIA2015/>
  • OPEC headquarters in Vienna (2009 building)
  • A woman uses wood in a fireplace for heat. A newspaper headline in the foreground shows a story regarding a lack of heating oil in the community.
INTERNATIONAL ORGANIZATION OF PETROLEUM-EXPORTING COUNTRIES
Organisation of the Petroleum Exporting Countries; Organization of Petroleum Exporting Countries; Opec; Organization of Petroleum-Exporting Countries; Flag of the Organization of Petroleum Exporting Countries; OPEP; OPEC Cartel; Organization of petroleum exporting countries; Opec cartel; OPEC oil price shock; Organization of the Petroleum Exporting Countries; Member states of OPEC; Energy in the OPEC countries; OPEC Plus; OPEC+; List of OPEC members

ويكيبيديا

OPEC Reference Basket

The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members. It is used as an important benchmark for crude oil prices. OPEC has often attempted to keep the price of the OPEC Basket between upper and lower limits, by increasing and decreasing production. This makes the measure important for market analysts. The OPEC Basket, including a mix of light and heavy crude oil products, is heavier than both Brent crude oil, and West Texas Intermediate crude oil.

Since January 1, 2017, the OPEC reference basket consists of a weighted average of the following crudes:

  • Saharan Blend (from Algeria)
  • Girassol (from Angola)
  • Oriente (from Ecuador)
  • Rabi Light (from Gabon)
  • Iran Heavy (from Iran)
  • Basra Light (from Iraq)
  • Kuwait Export (from Kuwait)
  • Es Sider (from Libya)
  • Bonny Light (from Nigeria)
  • Qatar Marine (from Qatar)
  • Arab Light (from Saudi Arabia)
  • Murban (from UAE)
  • Merey (from Venezuela)
https://en.wikipedia.org/wiki/OPEC Reference Basket
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