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 January, we note:
- WTI crude oil price increase from 72,4$ to 72,48$
- Brent oil price increase from 77,43$ to 77,88$
- OPEC basket price decline from 79,16$ to 78,38$
The following is an overview of key oil price data as of 17 January 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
16 January |
17 January |
% change |
|
WTI Crude |
72,4 |
72,48 |
+0,11% |
|
Brent Crude |
77,43 |
77,88 |
+0,58% |
|
Opec Basket |
79,16 |
78,38 |
-0,99% |
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