OPEC basket price: related pages

A mixture of liquid hydrocarbons. Prices vary with grade and density.

The accepted world benchmark crude oil which is used to price two thirds of the world's internationally traded crude oil supplies.

The US benchmark crude oil; of high quality and produces a lot of petrol.

A measure of the density of crude oil.

A single number combining the volumes of oil and gas production.

In the oil industry, a barrel is 42 US gallons, approximately equal to 159 litres.