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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 27 and 28, 2024, we note:
- The rise in the price of Brent oil went from $72.30 to $72.78
- The drop in the price of the OPEC basket went from $72.61 to $71.82
Below is an overview of key oil price data as of November 28, 2024, based on the following benchmark indices
Price of a barrel of oil in dollars
Index |
November 27 |
November 28th |
variation a % |
WTI Crude Oil |
– |
68,72 |
– |
Brent Oil |
72,30 |
72,78 |
+0,66% |
OPEC basket |
72,61 |
71,82 |
-1,09% |
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