The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of August. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Cash-Conversion-Cycle Time Series for Baker Hughes Co. Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The IET segment provides gas technology equipment, including drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; and energy sectors, such as oil and gas, LNG operations, petrochemical, and carbon solutions. This segment also provides rack-based vibrating monitoring equipment and sensors; integrated asset performance management products; inspection services; pumps, valves, and gears; precision sensors and instrumentation, and condition monitoring solutions. It serves upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas.

This data is visualized in the Michigan Orphan Wells Dashboard. Michigan’s Orphan Well Program was created in 1994. Orphan wells are abandoned or improperly plugged wells for which there is no known solvent existing owner or operator. EGLE’s Oil, Gas, and Minerals Division (OGMD) worked with the oil and gas industry for the passage of Act 308, P.A. 1994, which established an Orphan Well Fund within the Michigan Department of Treasury. OGMD utilizes the fund, paid for by revenue created by a severance tax on the oil and gas industry, to plug and remediate orphan well sites. Since the passage of Act 308 nearly 30 years ago, approximately 400 sites have either been plugged or remediated. As of October 1, 2022, Michigan had 447 documented orphan sites as well as additional associated orphaned facilities, piping, and contamination that remained to be addressed.Beginning October 1, 2022, OGMD began utilizing federal grant funds awarded under the Infrastructure Investment and Jobs Act (IIJA), 2021, also known as the Bipartisan Infrastructure Law Section 40601, to provide additional financial assistance for the Orphan Well Program. The IIJA created three types of grants for states to apply for to help address orphan wells and orphan facilities on federal, state, tribal, and private lands.This data also includes state funded orphan well cleanups. The orphan well data is updated nightly. A NULL in a field means that the field does not have any value.EGLE makes every attempt to ensure data accuracy but cannot guarantee the completeness or accuracy of the information contained within this dataset. For content related questions or to submit feedback, reach out to EGLE-Maps@Michigan.gov. Please visit the orphan well program in Michigan webpage for more information.

See below for a description of the data fields. Notes: MIRBDMSNET is the Michigan EGLE-OGMD Oil and Gas Well database, which stands for: Michigan Risk Based Data Management System .net. Field Name Field Description

OrphanGroup Funding groups for Orphan well/facility derived from MIRBDMSNET database. State= State fundedIIJA= funded through the Federal Infrastructure Investment and Jobs Act (IIJA)

AssignedStaff OGMD staff code from MIRBDMSNET database. Codes may change as staff changes. Reach out to EGLE for current staff code list.

OrphanCategory Category of Orphan well/facility derived from MIRBDMSNET database. Categories are 1, 2, or 3.Category 1= wells are abandoned, leaking wellsCategory 2= wells are abandoned, non-leaking wellsCategory 3= environmental remediation investigations and cleanups

ProjectName Name of Orphan project from MIRBDMSNET database.

ProjectType Type of Orphan Project from MIRBDMSNET databaseindividual=individual plugging projectmultiple=multiple well plugging projectwellandfac= well and facility decommissioning and site restoration projects

ProjectScore Score for orphan project from MIRBDMSNET database. Scores are derived from separate form filled out by the orphan well team to take into account many risk factors to gauge the overall risk. A higher score indicates a higher risk and therefore a higher priority level.

IndividualScore Individual well/facility score from MIRBDMSNET database. Scores are derived from separate form filled out by the orphan well team to take into account many risk factors to gauge the overall risk. A higher score indicates a higher risk and therefore a higher priority level.

MichiganPermitNumber Well permit number from MIRBDMSNET.

PN_WELLSN Well permit number from MIRBDMSNET.

PN_WELLST Well permit number from MIRBDMSNET. For labeling purposes.

Well_Name Well name from MIRBDMSNET.

MichiganFacilityNumber Facility number from MIRBDMSNET.

FACN2 Facility number from MIRBDMSNET. For labeling purposes.

FacilityName Facility name from MIRBDMSNET.

LABEL Combined labels for both wells and facilities. This is derived from other columns.

STATUS Status of well or facility derived from MIRBDMSNET.

Data_Element Type of object in Orphan list- well or facility- derived from MIRBDMSNET. Either an orphan facility or an orphan well.

Element_Status Status of orphan object- well or facility- derived from MIRBDMSNET.Active= not plugged or removedPlugged=well is pluggedComplete=facility is removed.

US_Well_ID_API API number for wells, derived from MIRBDMSNET

WellID_DataSource Source of well ID- always "API".

WellType Type of well, derived from MIRBDMSNET.

CountyName County location of well/facility, derived from MIRBDMSNET.

TownshipName Township location of well/facility, derived from MIRBDMSNET.

TRS Section, township, range location of well/facility, derived from MIRBDMSNET.

Quarter Quarter location of well/facility, derived from MIRBDMSNET.

QuarterQuarter Quarter quarter location of well/facility, derived from MIRBDMSNET.

QuarterQuarterQuarter Quarter quarter quarter location of well/facility, derived from MIRBDMSNET.

DTD Drilled total depth of well in ft, derived from MIRBDMSNET.

TVD Total vertical depth of well in ft, derived from MIRBDMSNET.

FieldName Field name associated with well/facility, derived from MIRBDMSNET.

FieldType Type of field associated with well/facility, derived from MIRBDMSNET.G=gasO=oilGS= gas storage

ProducingFormation The geologic formation associated with well/facility, derived from MIRBDMSNET.

Year Year well or facility established, derived from MIRBDMSNET.

Company Last company to own well/facility, derived from MIRBDMSNET.

Longitude Longitude location of well/facility, derived from MIRBDMSNET.

Latitude Latitude location of well/facility, derived from MIRBDMSNET.

HorizontalDatum Horizontal datum of well/facility. Always "Nad83", derived from MIRBDMSNET.

LocationAccuracy Source of location information, derived from MIRBDMSNET.

RemedialAction Describes if remedial action required. derived from MIRBDMSNET database. Options are Yes, No, NA.

StateHouse State house number where well/facility is located, derived from MIRBDMSNET database.

StateSenate State senate number where well/facility is located, derived from MIRBDMSNET database.

SurfaceManagEntityType Surface managing entity type, derived from MIRBDMSNET database. Options are:PrivateStateFederalTribeMixed

SubsurfaceManagEntityType Subsurface managing entity type, derived from MIRBDMSNET database. Options are:PrivateStateFederalTribeMixed

State Always "Michigan", derived from MIRBDMSNET database.

Tribe Tribe involved in orphan project, derived from MIRBDMSNET database.

BayMills: Bay Mills Indian CommunityGTraverse: Grand Traverse Band of Ottawa and ChippewaHannahville: Hannahville Indian CommunityKeweenaw: Keweenaw Bay Indian CommunityLacVieux: Lac Vieux Desert Band of Lake Superior ChippewaLittleRiver: Little River Band of OttawaLTraverse: Little Traverse Bay Bands of OdawaMatch: Match E Be Nash She Wish Band of PotawatomiNottaw: Nottawaseppi Huron Band of PotawatomiPokagon: Pokagon Band of PotawatomiSaginaw: Saginaw ChippewaSaultSteMarie: Sault Ste Marie Tribe of Chippewa

PrePlugMethaneMeas Measurement of methane pre-plugging, derived from MIRBDMSNET database. Unit is grams/hour or g/hr.

PostPlugMethaneMeas Measurement of methane post-plugging, derived from MIRBDMSNET database. Unit is grams/hour or g/hr.

MethaneMeasMethod Method for measuring methane, derived from MIRBDMSNET database. Options are:AVO: Audio, Visual, and OlfactoryOGI: Optical Gas ImageryHandheldMass SamplingNA

HabitatRestored Was habitat restored?, derived from MIRBDMSNET database. Options are Yes, No, NA.

AmountHabitatRestored Amount of habitat restored, derived from MIRBDMSNET database. In Acres.

RestorationEndpoint Description of final restoration, derived from MIRBDMSNET database.

DateRestoreComplete Date restoration was completed, derived from MIRBDMSNET database.

SurfWtrContamination Does surface water contamination exist?, derived from MIRBDMSNET database. Options are Yes, No, TBD.

SurfWtrContamIndicator Kind of testing indicating surface water contamination, derived from MIRBDMSNET database. Options are AVO (Audio, Visual, and Olfactory), Sample, or NA.

SurfWtrRemediation Is surface water remediation needed?, derived from MIRBDMSNET database. Options are Yes, No, TBD, or NA.

SurfWtrRemedMethod Describe method for surface water remediation, derived from MIRBDMSNET database.

SurfWtrRemedCompleteDate Date surface water remediation was completed, derived from MIRBDMSNET database.

GroundWtrContamination Does ground water contamination exist?, derived from MIRBDMSNET database. Options are Yes, No, TBD.

GroundWtrContamIndicator Kind of testing indicating ground water contamination, derived from MIRBDMSNET database. Options are AVO (Audio, Visual, and Olfactory), Sample, or NA.

GroundWtrRemediation Is ground water remediation needed?, derived from MIRBDMSNET database. Options are Yes, No, TBD, or NA.

GroundWtrRemedMethod Describe method for ground water remediation, derived from MIRBDMSNET database.

GroundWtrRemedCompleteDate Date ground water remediation was completed, derived from MIRBDMSNET database.

CommunityImpact Does this location have community impact, derived from MIRBDMSNET database. Options are Yes, No, TBD, NA. From the US-DOI: " Indicates whether this

Enterprise-Value-To-Sales-Ratio Time Series for Xintai Ntrl Gas. Xinjiang Xintai Natural Gas Co., Ltd., together with its subsidiaries, transmits, distributes, sells, and installs natural gas in China. The company operates through three segments: Urban Gas, Coalbed Methane, and Others. It engages in the home installation of natural gas; exploration, development, and production of coalbed methane and conventional oil and gas; and operation of pipelines and gas stations. The company is also involved in pipeline installation and transportation; gas and water production and supply; technical services; LNG production and trading; research and development; vehicle transportation; software and information technology services; money lending business; mining operations; and sale of food grade beverage. It serves residential, commercial, automotive, and industrial park applications. The company was formerly known as Xinjiang Xintai Investment (Group) Co., Ltd. and changed its name to Xinjiang Xintai Natural Gas Co., Ltd. in December 2012. Xinjiang Xintai Natural Gas Co., Ltd. was founded in 2000 and is based in Urumqi, China.

Question 1.4.8a: Does the SOE or government publicly disclose the volume of production sold by the SOE? , 1.4.8c: Does the SOE or government publicly disclose the date of the production sales executed by the SOE? , 1.4.8d: Does the SOE or government publicly disclose the names of the companies that bought the production sold by the SOE?, 1.1.1a: Does the government publicly disclose data on extractive resource reserves?, 1.1.1c: Is the data disclosed on extractive resource reserves machine-readable?, 1.2.1a: Does the government publicly disclose data on the volume of extractive resource production?, 1.2.1b: How up-to-date is the publicly disclosed data on the volume of extractive resource production?, 1.2.1c: Is the data disclosed on the volume of extractive resource production machine-readable?, 1.2.2a: Does the government publicly disclose data on the value of extractive resource exports?

Canada has abundant resources of crude oil, with an estimated remaining ultimate potential of 52.3 106m³ (329 billion barrels) as of December 2017. Of this, oil sands account for 92 per cent. There are two major producing areas in Canada, the Western Canada Sedimentary Basin, which includes Alberta, Saskatchewan and parts of British Columbia and Manitoba, and offshore eastern Canada. Oil is also produced in modest volumes in Ontario and the Northwest Territories. Although Canada was the 4th largest producer in the world in 2018, it produces only about five per cent of total daily production, so it does not have a major influence on the world oil prices. In 2018, 96 per cent of Canadian crude exports went to the U.S. The Canada Energy Regulator regulates the export of crude oil. Holders of export authorizations report monthly statistics on export activities. This dataset provides historical export volumes of crude oil (by year and month), and by either type of oil or by destination of export.

We examine how firms hedge in financial distress. Using hand-collected data from oil and gas producers, we find that derivative portfolios in these firms are characterized by short put options. These positions are part of a composite three-way collar strategy that combines buying put options and selling put and call options with differing strike prices. We show that because liquidity demand varies with the degree of financial distress, the three-way collar strategy is the optimal risk management strategy that preserves incentives for future growth.

The sample consists of publicly traded oil and gas producers in the US (SIC code 1311) between Q1:2013 and Q4:2015. Hedging strategies are hand-coded based on quarterly reports (10Q/10-Q reports). We sum each firm's outstanding derivatives positions regardless of maturity for each quarter and create a variable per hedging strategy that takes the value 1 if the sum is positive, zero otherwise. We classify individual firms’ hedge portfolios into five distinct hedging strategies based on the character of the provided protection and the cash flow impact. The dataset contains the classifiers for these five hedging strategies and is identified by quarter and global company key (GVKEY).

The dataset contains quarterly classification of US oil companies' hedging strategies over the period 2013-2015. The strategies are classified based on reporting in each company's quarterly report. Five strategies are identified (described in the data file). Companies are identified by Global Company Key. The Global Company Key or GVKEY is a unique six-digit number key assigned to each company in the Capital IQ Compustat database

This dataset describes the construction of 1m of oil pipeline, which plays a crucial role in the extraction, transportation, and utilization of oil. The inventory data is aggregated from multiple sources and some data has been corrected and updated according to the average value reported in industry reports. The dataset includes building materials, energy consumption, laying projects, and the disposal of pipelines, but it does not cover the energy consumption, raw materials, and operational emissions used in the disposal process, nor does it include the manufacturing of production equipment, plant construction or other infrastructures within the dataset boundary.

Change-In-Cash Time Series for Lanzhou Haimo Technologies Co. Haimo Technologies Group Corp. manufactures and sells oilfield equipment and instruments for oilfield service companies in China, the Middle East, North Africa, Central, South and Southeast Asia, and North and South America. It offers multiphase flow meters, spool piece multiphase flow meters, exempted source SP multiphase flow meters, exempted source water cut meters, subsea multiphase flow meters, wet gas meters, water cut meters, bulk multiphase flow meters, high performance and low production testers, and mobile well testing and production measurement services. The company also provides fluid end assemblies for fracking; accessories, including joints, valves, and valve seating products; ball injectors; and high-pressure fluid components and manifolds. In addition, it offers environmental protection equipment and services, such as flow-back water treatment devices, skid-mounted integrated oil field-produced water treatment, and drilling mud zero discharge treatment services. Further, the company provides integrated production optimization services, as well as value-added services, including data validation and cleansing, well-testing verification and optimization, intelligent allocation, water injection optimization, real-time well monitoring and alarm systems, and production analysis and enhancement consultation services. Additionally, it is involved in the oil and gas exploration, development, and production activities and shale oil and gas development; and provision of oilfield intelligent enhanced oil recovery system, open-hole logging service and product, production logging and well testing product and services, and oilfield special vehicles. The company was formerly known as Lanzhou Haimo Technologies Co., Ltd. and changed its name to Haimo Technologies Group Corp. in November 2016. Haimo Technologies Group Corp. was founded in 1994 and is based in Lanzhou, China.

Context

Extracted data from Investing .com by building a web scraper which could extract data if Start and End Date are given as parameters. You could find the scaper code here. Copper ,Gold, Crude Oil , Brent Oil , Natural Gas, Silver Prices variation of each of the commodities from the last 10 Years .

Copper

Copper prices are up 20% year to date, supported in part by a rebounding economy in the U.S. and other parts of the world as the pandemic comes under control. Improving economies are key to copper demand since it's an industrial metal that's a good conductor of electricity. Copper is found in a host of items from air conditioning units and televisions to cars. The base metal may also benefit from President Joe Biden's infrastructure plan and the growing appetite for electric vehicles. That's spurred investor interest in the red metal, but buyers need to do plenty of research. Commodities are unlike traditional stock and bond investing, as these markets have different fundamental drivers that affect pricing.

Gold

Gold has traditionally been regarded as a superior investment asset. It has become a safe haven for investors all around the world in recent years. Gold, in particular, possesses all of the characteristics that a traditional investor seeks in an asset class. Investing in gold has always shown to be a successful approach to combat inflation.

Crude Oil

Crude oil is at the heart of many global industries. It is the power that moves most vehicles, allows factories to operate and is used to generate electricity. Oil’s importance to mankind has made it a valuable commodity for many companies and countries. Along with its derivatives, crude oil is the most traded commodity in the world.

Brent Oil

Brent oil is a major benchmark price for purchases of oil worldwide. While Brent Crude oil is sourced from the North Sea the oil production coming from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil. The Brent prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.

Natural Gas

The US Energy Information Administration says natural gas is the most widely used fuel for space heating in the US, and it has also started to beat out coal as the top fuel for power generation. Even so, demand for natural gas around the world can be volatile as it is very much dependent on the weather.

Silver

Silver may be used as an investment like other precious metals. It has been regarded as a form of money and store of value for more than 4,000 years, although it lost its role as legal tender in developed countries when the use of the silver standard came to a final end in 1935.

Acknowledgements

For this dataset I depended upon Investing.com to scrape the data . It's the premier source for financial, economic, and alternative datasets, serving investment professionals. Investing’s platform is used by over 400,000 people, including analysts from the world’s top hedge funds, asset managers and investment banks.

Heating Oil rose to 2.35 USD/Gal on December 2, 2025, up 0.21% from the previous day. Over the past month, Heating Oil's price has fallen 2.25%, but it is still 6.31% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Heating oil - values, historical data, forecasts and news - updated on December of 2025.

Crude Oil Production in Bahrain increased to 187 BBL/D/1K in July from 186 BBL/D/1K in June of 2025. This dataset provides - Bahrain Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.