Crude oil prices on October 12, 2023 – Price per barrel

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 11 and 12 October, we note:

• WTI crude oil price decline from 83,49$ to 82,91$
• Brent oil price increase from 85,82$ to 86$
• OPEC basket price decline from 89,89$ to 89,43$

The following is an overview of key oil price data as of 12 October 2023, based on the following benchmarks:

Oil price per barrel in dollars