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Oil: Price of a barrel as of November 7, 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 6 and 7, 2024, we note:

  • WTI crude oil price rises from $71.69 to $72.36
  • The increase in the price of Brent oil went from $74.92 to $75.63
  • The increase in the price of the OPEC basket rose from $73.94 to $74.41

Below is an overview of key data concerning the oil price as of November 7, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

06 November

07 November

variation a %

WTI Crude Oil

71,69

72,36

+0,93%

Brent Oil

74,92

75,63

+0,95%

OPEC basket

73,94

74,41

+0,64%

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