Iran Times

The Oil Patch

January 22, 2021

PictureAnnualHOW LOW CAN YOU GO? — This chart shows the ANNUAL average price for an OPEC barrel for the past 11 years. The average for 2020 was $41.47, just a hair over the low of $40.76 in 2016. The all-time high for an annual average was $109.45 in 2012.

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