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 04 and 05 October, we note:
- WTI crude oil price decline from 84,22$ à 82,31$
- Brent oil price drop from 85,81$ à 84,07$
- OPEC basket price decline from 92,35$ à 88,51$
The following is an overview of key oil price data as of 05 October 2023, based on the following benchmarks:
Oil price per barrel in dollars
Index |
04 October |
05 October |
% change |
WTI Crude |
84,22 |
82,31 |
-2,27% |
Brent Crude |
85,81 |
84,07 |
-2,03% |
Opec Basket |
92,35 |
88,51 |
-4,16% |
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