Oil prices have reached a three-month high, rising to $1020.74 per ton in December 2024.

On November 1, 2024, prices for delivery in December 2024 increased by 25.57 US dollars per ton and reached 1020.74 US dollars per ton. By the end of October 2024, offers were priced at 995.17 US dollars per ton.

Over the past week, the price for delivery in December 2024 increased by 47.4 US dollars per ton. Over the month, the price increased by 58.64 US dollars per ton.

The maximum price for delivery in December 2024 was recorded on July 5, 2024, at 1073.65 US dollars per ton. The minimum price for delivery in December 2024 was recorded on August 15, 2024, at 849.00 US dollars per ton.

The highest price observed throughout the observation period was the delivery price for December, recorded on June 8, 2022, at 1742.54 US dollars per ton. The lowest price observed throughout the observation period was 581.36 US dollars per ton and was recorded on May 6, 2020.

On November 1, 2024, the following points were noted:

• The offer price for delivery in December 2024 was 1020.74 US dollars per ton, which is the maximum price in the last 3 months (the previous maximum was on July 23, 2024, at 1028.68 US dollars per ton).
• The offer price for delivery in January 2025 was 1015.45 US dollars per ton, which is the maximum price in the last 3 months (the previous maximum was on July 23, 2024, at 1028.68 US dollars per ton).
• The offer price for delivery in March 2025 was 1016.77 US dollars per ton, which is the maximum price in the last 3 months (the previous maximum was on July 23, 2024, at 1028.68 US dollars per ton).