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 20 and 23 October, we note:
- WTI crude oil price decline from 88,08$ to 85,49$
- Brent oil price decline from 90,89$ to 88,69$
- OPEC basket price decrease from 95,72$ to 94,29$
The following is an overview of key oil price data as of 23 October 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
20 October |
23 October |
% change |
|
WTI Crude |
88,08 |
85,49 |
-2,94% |
|
Brent Crude |
90,89 |
88,69 |
-2,42% |
|
Opec Basket |
95,72 |
94,29 |
-1,49% |
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