Posted oil price
id:
posted-oil-price-314-12776394
title:
Posted oil price
text:
The posted price of oil was the price at which oil companies offered to purchase oil from oil-producing governments. This price was set by the oil companies and used to calculate the share of oil revenues that oil-producing countries would receive. Between 1957 and 1972, the posted price was greater than the market price of crude oil. Between 1961 and 1970 the market price hovered between $1.30 and $1.50 per barrel, while the posted price was a constant $1.80.
brand slug:
wiki
category slug:
encyclopedia
description:
Oil price pre-1980
original url:
https://en.wikipedia.org/wiki/Posted_oil_price
date created:
date modified:
2024-01-26T04:28:11Z
main entity:
{"identifier":"Q55630317","url":"https://www.wikidata.org/entity/Q55630317"}
image:
fields total:
13
integrity:
14