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 31 October and 01 November, we note:
- WTI crude oil price decline from 81,02$ to 80,44$
- Brent oil price decline from 85,02$ to 84,63$
- OPEC basket price decline from 90,06$ to 88,56$
The following is an overview of key oil price data as of 01 November 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
30 October |
31 October |
% change |
|
WTI Crude |
80,44 |
81,02 |
-0,72% |
|
Brent Crude |
84,63 |
85,02 |
-0,46% |
|
Opec Basket |
88,56 |
90,06 |
-1,67% |
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