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Oil: Price of a barrel as of December 2, 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 29 and December 2, 2024, we notice:

  • The increase in the price of WTI crude oil rose from $68.00 to $68.10
  • The fall in the price of Brent oil fell from $71.84 to $71.83
  • The drop in the price of the OPEC basket went from $72.45 to $71.94

Below is an overview of key data concerning the oil price as of December 2, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

November 29th

December 2

variation a %

WTI Crude Oil

68,00

68,10

+0,15%

Brent Oil

71,84

71,83

-0,01%

OPEC basket

72,45

71,94

-0,70%

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