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:
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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