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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 20 and 21, 2024, we note:
- The increase in the price of WTI crude oil rose from $68.75 to $70.10
- The increase in the price of Brent oil went from $72.49 to $73.77
- The increase in the price of the OPEC basket rose from $73.05 to 73.32
Below is an overview of key oil price data as of November 21, 2024, based on the following benchmark indices
Price of a barrel of oil in dollars
Index |
November 20th |
November 21st |
variation a % |
WTI Crude Oil |
68,75 |
70,10 |
+1,96% |
Brent Oil |
72,49 |
73,77 |
+1,77% |
OPEC basket |
73,05 |
73,32 |
+0,37% |
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