Average for 2009 oil price of OPEC basket was the lowest in four years - 61,06 U.S. $ / bbl
Average for 2009 oil price of OPEC basket was the lowest for four years and is estimated to OPEC Secretariat in Vienna, amounted to $ 61,06 per barrel. The last time a lower average annual oil price of OPEC basket was registered up to 2005 - 50.64 dollars per barrel. Average for 2009 oil price of OPEC basket was established at 35.4% below its peak value in 2008 - 94.45 per barrel. Should be official information from the secretariat of the international oil cartel in Vienna.
In 2009, the oil OPEC basket was introduced 12 oil brands: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait ), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).
From January 2009 from the oil OPEC basket was excluded extracted in Indonesia”s Minas crude oil in connection with the suspension of membership to the cartel. At the same time, oil from Venezuela brands BCF-17 was in 2009 replaced the oil used Merey.
Below are the average values of the basket in the previous 15 years:
- 2008. - 94,45 per barrel.;
- 2007. - 69.08 per barrel.;
- 2006. - 61,08 per barrel.;
- 2005. - 50.64 per barrel.;
- 2004. - 36.05 per barrel.;
- 2003. - 28,10 per barrel.;
- 2002. - 24.36 per barrel.;
- 2001. - 23,12 per barrel.;
- 2000. - 27,60 per barrel.;
- 1999. - 17,48 per barrel.;
- 1998. - 12,28 per barrel.;
- 1997. - 18,68 per barrel.;
- 1996. - 20,29 per barrel.;
- 1995. - 16.86 per barrel.;
- 1994. - 15,53 per barrel.
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