Oil: Price of a barrel as of November 11, 2024


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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 November 8 and 11, 2024, we note:

  • The drop in the price of WTI crude oil went from $70.38 to $68.04
  • The decrease in the price of Brent oil went from $73.87 to $71.83
  • The drop in the price of the OPEC basket went from $73.93 to $72.92

Below is an overview of key oil price data as of November 11, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

08 November

09 November

variation a %

WTI Crude Oil

70,38

68,04

-3,32%

Brent Oil

73,87

71,83

-2,76%

OPEC basket

73,93

72,92

-1,37%

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