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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
OPEC switches to Argus as energy price data provider
OPEC switched to Argus as its energy price data provider on 1 January 2016. It will use Argus prices as the external, independent price reference for evaluation, analysis and reporting. The OPEC reference basket price, which values crude produced by member countries, will be based on Argus assessments. The 13 members of OPEC – Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the UAE and Venezuela – account for 40% of world oil production. The International Energy Agency (IEA) switched to Argus price data in 2012. Governments changing to Argus prices include Chile in 2014 and Ecuador, Colombia and Portugal in 2015.
News Item details
Journal title: Petroleum Review
Subjects: Policy and Governance, Economics, business and commerce, Energy consumption, Commercial, Oil, Oil supply, Oil prices
