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Oil: Price of a barrel as of October 1, 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 September 30 and October 1, 2024, we notice:

  • WTI crude oil price rises from $68.17 to $69.83
  • The rise in the price of Brent oil rose from $71.70 to $73.56
  • The drop in the price of the OPEC basket went from $73.00 to $71.34

Below is an overview of key data concerning the oil price as of October 1, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

September 30

October 1

variation a %

WTI Crude Oil

68,17

69,83

+2,44%

Brent Oil

71,70

73,56

+2,59%

OPEC basket

73,00

71,34

-2,27%

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