Economy

Oil prices on 20/06/2023

 

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 19 and 20 June, we note:

  • WTI crude oil price decline from 71,93$ to 71,19$
  • Brent oil price decline from 76,06$ to 75,89$
  • OPEC basket price increase from 76,45$ to 76,85$

The following is an overview of key oil price data as of 20 June 2023, based on the following benchmarks:

Oil price per barrel in dollars

Index

20 June

19 June

% change

WTI Crude

71,19

71,93

-1,03%

Brent Crude

75,89

76,06

-0,22%

Opec Basket

76,85

76,45

0,52%

                                     

Extreme values over the past 12 months

Index

Higher Price ($)

Lower price ($)

WTI Crude

123,70

64,18

Brent Crude

125,28

70,12

Opec Basket

123,73

70,77

M.F

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