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 17 and 18 January, we note:
- WTI crude oil price increase from 72,48$ to 73,95$
- Brent oil price increase from 77,88$ to 79,1$
- OPEC basket price increase from 78,38$ to 79,39$
The following is an overview of key oil price data as of 18 January 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
18 January |
17 January |
% change |
|
WTI Crude |
73,95 |
72,48 |
+2,03% |
|
Brent Crude |
79,1 |
77,88 |
+1,57% |
|
Opec Basket |
79,39 |
78,38 |
+1,29% |
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