Oil: Price of a barrel as of November 25, 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 22 and 25, 2024, we note:

  • The drop in the price of WTI crude oil went from $71.24 to $68.94
  • The decrease in the price of Brent oil went from $74.63 to $72.48
  • The drop in the price of the OPEC basket went from $74.43 to $73.58

Below is an overview of key oil price data as of November 25, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

November 22nd

November 25th

variation a %

WTI Crude Oil

71,24

68,94

-3,23%

Brent Oil

74,63

72,48

-2,88%

OPEC basket

74,43

73,58

-1,14%

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