Oil: Price of a barrel as of October 17, 2024


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MF


| 2 hours ago

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The oil price is a crucial indicator for the global economy and financial markets. The price of a barrel of oil influences many sectors, from the automobile industry to energy, including agriculture and transport.

Comparing crude oil prices between October 16 and 17, 2024, we notice:

  • WTI crude oil price rises from $69.82 to $70.09
  • The increase in the price of Brent oil went from $74.22 to $74.45
  • The increase in the price of the OPEC basket increased from $73.45 to $73.59

Below is an overview of key oil price data as of October 17, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

October 16

October 17

variation a %

WTI Crude Oil

69,82

70,09

+0,39%

Brent Oil

74,22

74,45

+0,31%

OPEC basket

73,45

73,59

+0,19%

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