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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 18 and 19, 2024, we note:
- WTI crude oil price rises from $69.17 to $69.24
- The increase in the price of Brent oil went from $73.3 to $73.31
- The increase in the price of the OPEC basket rose from $71.2 to $72.56
Below is an overview of key oil price data as of November 19, 2024, based on the following benchmark indices
Price of a barrel of oil in dollars
Index |
November 18th |
November 19th |
variation a % |
WTI Crude Oil |
69,17 |
69,24 |
+0,10% |
Brent Oil |
73,3 |
73,31 |
+0,01% |
OPEC basket |
71,2 |
72,56 |
+1,91% |
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