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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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