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 18 and 19 October, we note:
- WTI crude oil price increase from 87,27$ to 88,37$
- Brent oil price increase from 91,5$ to 92,38$
- OPEC basket price decline from 94,46$ to 93,63$
The following is an overview of key oil price data as of 19 October 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
18 October |
19 October |
% change |
|
WTI Crude |
87,27 |
88,37 |
+1,26% |
|
Brent Crude |
91,5 |
92,38 |
+0,96% |
|
Opec Basket |
94,46 |
93,63 |
-0,88% |
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