Economy

Crude oil prices on January 03, 2024 – Price per barrel

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 02 and 03 January, we note:

  • WTI crude oil price increase from 70,38$ to 72,7$
  • Brent oil price increase from 75,89$ to 78,25$
  • OPEC basket price decline from 79,19$ to 76,87$

The following is an overview of key oil price data as of 03 January 2023, based on the following benchmarks:

Oil price per barrel in dollars

Index

02 January

03 January

% change

WTI Crude

70,38

72,7

+3,30%

Brent Crude

75,89

78,25

+3,11%

Opec Basket

78,28

76,87

-1,80%

M.F

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