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 29 February and 01 March, we note:
- WTI crude oil price increase from 78,26$ to 79,97$
- Brent oil price rise from 81,91$ to 83,55$
- OPEC basket price increase from 82,01$ to 82,65
The following is an overview of key oil price data as of 01 March 2024, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
29 February |
01 March |
% change |
|
WTI Crude |
78,26 |
79,97 |
+2,19% |
|
Brent Crude |
81,91 |
83,55 |
+2,00% |
|
Opec Basket |
82,01 |
82,65 |
+0,78% |
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