Economy

Oil prices on 07/07/2023

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 04 and 05 july, we note:

  • WTI crude oil price increase from 71,8$ to 73,86$
  • Brent oil price decline from 76,52$ to 78,47$
  • OPEC basket price increase from 77,56$ to 78,43$

The following is an overview of key oil price data as of 07 July 2023, based on the following benchmarks:

Oil price per barrel in dollars

Index

07 July

06 July

% change

WTI Crude

73,86

71,8

+2,87%

Brent Crude

78,47

76,52

+2,55%

Opec Basket

78,43

77,56

+1,12%

M.F

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