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 16 and 17 August, we note:
- WTI crude oil price increase from 79,38$ to 79,9$
- Brent oil price increase from 83,45$ to 84,12
- OPEC basket price decline from 86,96$ to 86,17$
The following is an overview of key oil price data as of 17 August 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
17 August |
16 August |
% change |
|
WTI Crude |
79,9 |
79,38 |
+0,66% |
|
Brent Crude |
84,12 |
83,45 |
+0,80% |
|
Opec Basket |
86,17 |
86,96 |
-0,91% |
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