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 18 and 19 January, we note:
- WTI crude oil price decrease from 73,95$ to 73,25$
- Brent oil price decline from 79,1$ to 78,56$
- OPEC basket price increase from 79,39$ to 80,27$
The following is an overview of key oil price data as of 19 January 2023, based on the following benchmarks:
Oil price per barrel in dollars
Index |
18 January |
19 January |
% change |
WTI Crude |
73,95 |
73,25 |
-0,95% |
Brent Crude |
79,1 |
78,56 |
-0,68% |
Opec Basket |
79,39 |
80,27 |
+1,11% |
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