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Organization of Petroleum Exporting Countries

The Organization of the Petroleum Exporting Countries's (OPEC) objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.

Todos los conjuntos de datos:  W
  • W
    • junio 2019
      Fuente: Organization of Petroleum Exporting Countries
      Subido por: Knoema
      Acceso el: 02 agosto, 2019
      Seleccionar base de datos
      The dataset illustrates the inter-country variations in the average price of one barrel of oil across G7 countries as well as the OECD average during 1984-2017. It is important to note that these price variations are mainly due to the widely varying levels of taxes imposed by major oil consuming nations. These can range from relatively modest levels - like in the USA - to very high levels in Europe and Asia/Pacific. For example, in the UK the government in 2017 earned about 64.6% of the price charged for every liter of pump fuel sold to consumers. On the other hand, oil producing countries (including OPEC) earned about 22.8% of the total pump fuel price.

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