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Oil: Price of a barrel as of December 3, 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 December 2 and 3, 2024, we notice:

  • WTI crude oil price rises from $68.10 to $69.94
  • The increase in the price of Brent oil rose from $71.83 to $73.62
  • The increase in the price of the OPEC basket rose from $71.94 to $72.37

Below is an overview of key data concerning the oil price as of December 3, 2024, based on the following benchmark indices

Price of a barrel of oil in dollars

Index

December 2

December 3

variation a %

WTI Crude Oil

68,10

69,94

+2,7%

Brent Oil

71,83

73,62

+2,5%

OPEC basket

71,94

72,37

+0,6%

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