Global oil prices last week
Global oil prices experienced continuous fluctuations from August 24 to 28 due to geopolitical tensions and shifts in supply and demand. Brent crude averaged $88.31 per barrel, ranging from a low of $84.56 to a high of $92.06. U.S. West Texas Intermediate (WTI) averaged $83.10, with a range between $79.62 and $86.57. The OPEC basket recorded an average of $90.65, with the lowest at $86.39 and the highest at $94.91. These factors influence market movements and keep prices subject to change, according to data from the Ministry of Oil and Gas, which relies on multiple sources to monitor trends.
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