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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 11 and 12, 2024, we note:
- WTI crude oil price rises from $68.04 to $68.12
- The rise in the price of Brent oil rose from $71.83 to $71.89
- The drop in the price of the OPEC basket went from $72.92 to $71.51
Below is an overview of key oil price data as of November 12, 2024, based on the following benchmark indices
Price of a barrel of oil in dollars
Index |
November 11th |
November 12th |
variation a % |
WTI Crude Oil |
68,04 |
68,12 |
+0,12% |
Brent Oil |
71,83 |
71,89 |
+0,08% |
OPEC basket |
72,92 |
71,51 |
-1,93% |
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