OPEC Basket Prices Fall to $80
The OPEC Basket price fell to around $80 per barrel after sharp fluctuations in recent months. It started in June 2026 at about $120, gradually declined to nearly $70 in July, rose again to over $100 in July (likely a typo, possibly August), before falling back to the $80 level in August. Data shows significant volatility in prices throughout 2026, as they rose from levels between $60 and $70 at the start of the year to over $115 in the spring, then dropped again to below $80.
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