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 August and 01 September, we note:
- WTI crude oil price increase from 83,63$ to 85,55$
- Brent oil price increase from 86,83$ to 88,55$
- OPEC basket price rise from 88,44$ to 89,65$
The following is an overview of key oil price data as of 01 September 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
31 August |
01 September |
% change |
|
WTI Crude |
83,63 |
85,55 |
+2,30% |
|
Brent Crude |
86,83 |
88,55 |
+1,98% |
|
Opec Basket |
88,44 |
89,65 |
+1,37% |
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