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 19 and 22 January, we note:
- WTI crude oil price increase from 73,25$ to 74,76$
- Brent oil price increase from 78,56$ to 78,6$
- OPEC basket price decline from 80,27$ to 79,7$
The following is an overview of key oil price data as of 22 January 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
22 January |
19 January |
% change |
|
WTI Crude |
74,76 |
73,25 |
+2,06% |
|
Brent Crude |
78,6 |
78,56 |
+0,05% |
|
Opec Basket |
79,7 |
80,27 |
-0,71% |
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