Oil: Price of a barrel as of June 18, 2024


By
M.F.


| 20 seconds ago

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The price of oil 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 June 17 and 18, 2024, we note:

  • The rise in the price of Brent oil went from $83.52 to $84.53
  • The increase in the price of the OPEC basket rose from $83.07 to $84.50

Below is an overview of key oil price data as of June 18, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Hint

June 17

June 18

variation in %

WTI Crude Oil

79.72

Brent Oil

83.52

84.53

+1.21%

OPEC basket

83.07

84.50

+1.72%

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