Oil prices are key indicators for the global economy and financial markets. The price of oil affects many sectors, from the automotive industry to energy, agriculture and transportation.
Comparing crude oil prices between 07 and 08 August, we note:
- WTI crude oil price increase from 81,34$ to 82,92$
- Brent oil price increse from 85,34$ to 86,17
- OPEC basket price decline from 88,85$ to 87,61
The following is an overview of key oil price data as of 08 August 2023, based on the following benchmarks:
Oil price per barrel in dollars
Index |
07 August |
08 August |
% change |
WTI Crude |
81,34 |
82,92 |
+1,94% |
Brent Crude |
85,34 |
86,17 |
+0,97% |
Opec Basket |
88,85 |
87,61 |
-1,40% |
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