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 30 and 31 January, we note:
- WTI crude oil price decline from 77,82$ to 75,85$
- Brent oil price decline from 82,5$ to 80,55$
- OPEC basket price rise from 82,94$ to 82,99$
The following is an overview of key oil price data as of 31 January 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
30 January |
31 January |
% change |
|
WTI Crude |
77,82 |
75,85 |
-2,53% |
|
Brent Crude |
82,5 |
80,55 |
-2,36% |
|
Opec Basket |
82,94 |
82,99 |
+0,06% |
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