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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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