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 28 and 31 july, we note:
- WTI crude oil price increase from 80,58$ to 81,8$
- Brent oil price rise from 84,41$ to 85,43$
- OPEC basket price increase from 85,37$ to 86,45$
The following is an overview of key oil price data as of 31 July 2023, based on the following benchmarks:
Oil price per barrel in dollars
|
Index |
28 July |
31 July |
% change |
|
WTI Crude |
80,58 |
81,8 |
+1,51% |
|
Brent Crude |
84,41 |
85,43 |
+1,21% |
|
Opec Basket |
85,37 |
86,45 |
+1,27% |
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