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OPEC Reference Basket

weighted average of prices for petroleum blends produced by OPEC members

en-GB/ˈəʊpɛk ˈɹɛfɹəns ˈbɑːskɪt/

en-US/ˈoʊˌpɛk ˈɹɛfɹəns ˈbæskɪt/

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