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Oil: Price of a barrel as of November 18, 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 15 and 18, 2024, we note:

  • WTI crude oil price rises from $66.92 to $69.17
  • The rise in the price of Brent oil rose from $71.04 to $73.3
  • The drop in the price of the OPEC basket went from $71.23 to $71.2

Below is an overview of key oil price data as of November 18, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

November 15th

November 18th

variation a %

WTI Crude Oil

66,92

69,17

+3,36%

Brent Oil

71,04

73,3

+3,18%

OPEC basket

71,23

71,2

-0,04%

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