posted price

noun

The price at which oil companies offered to purchase oil from oil-producing governments, set by the oil companies and used to calculate the share of oil revenues that oil-producing countries would receive.

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Meanings

nounposted price (plural posted prices)

plural posted prices

  1. historicalThe price at which oil companies offered to purchase oil from oil-producing governments, set by the oil companies and used to calculate the share of oil revenues that oil-producing countries would receive.
Cite this entry
APA

posted price. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/posted%20price

MLA

“posted price.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/posted%20price. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “posted price,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/posted%20price.

Source: posted price on Wiktionary, CC BY-SA 4.0.