oil and gasoline prices. In March 2022, oil prices soared to highs not seen since 2008 as a result of the Russia-Ukraine war. The decrease noted since August reflects market uncertainty over a looming global recession.
On January 23, 2023, the Brent crude oil price stood at 88.19 U.S. dollars per barrel, compared to 81.62 U.S. dollars for WTI oil and 85.45 for the OPEC basket. Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from March 2, 2020 to January 23, 2023 (in U.S. dollars per barrel)
Loading statistic...
Basic Account
Get to know the platform
You only have access to basic statistics.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access
Corporate solution including all features.
* Prices do not include sales tax.
Statistics on Coronavirus: impact on the global economy
Global economic impact
8
- Basic Statistic Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jan. 8, 2023, by day
- Basic Statistic COVID-19 cases worldwide as of January 9, 2023, by country or territory
- Premium Statistic GDP loss due to COVID-19, by economy 2020
- Premium Statistic Forecasted global real GDP growth 2019-2024
- Premium Statistic Value of COVID-19 stimulus packages in the G20 as share of GDP 2021
- Basic Statistic Number of unemployed persons worldwide 1991-2021
- Premium Statistic COVID-19: effect on income groups globally 2020
- Premium Statistic Central bank policy rates in advanced and emerging economies 2019-2022
Stock markets and COVID-19
6
- Premium Statistic Change in global stock index values during coronavirus outbreak 2020
- Basic Statistic Share price index in major developed and emerging economies 2019-2022
- Basic Statistic Monthly Shanghai Stock Exchange Composite Index performance 2018-2022
- Premium Statistic Coronavirus impact on the CAC 40 index in France 2020-2023
- Basic Statistic Weekly DAX performance 2023
- Basic Statistic Weekly Dow Jones Industrial Average index performance 2020-2023
Impact on major industries
6
- Basic Statistic Weekly flights change of global airlines due to COVID-19 as of January 2021
- Basic Statistic Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2023
- Premium Statistic Global PMI for manufacturing and new export orders 2018-2022
- Premium Statistic Global merchandise imports index 2019-2022, by region
- Premium Statistic Global merchandise exports index 2019-2022, by region
- Premium Statistic Industrial production growth worldwide 2019-2022, by region
Impact on trade and world's largest economies
4
- Premium Statistic GDP growth rate of the world's seven largest economies 2021, by country
- Premium Statistic Business confidence index among the world's seven largest economies 2020-2022
- Premium Statistic Change in GDP and trade volume globally 2007-2024
- Premium Statistic Monthly change in goods trade globally 2018-2022
Impact on Asia
6
- Basic Statistic GDP growth APAC 2018-2022, by sub-region
- Premium Statistic Projected coronavirus impact on China's GDP growth 2023
- Premium Statistic Cumulative number of workers to be fired due to COVID-19 Japan 2022, by industry
- Basic Statistic Estimated quarterly impact from COVID-19 on India's GDP FY 2020-2022
- Premium Statistic COVID-19 impact on unemployment rate in India 2020-2022
- Basic Statistic Estimated economic impact from COVID-19 in India 2020-21, by sector
Impact on Europe
7
- Premium Statistic GDP growth rate forecasts in Europe 2022
- Basic Statistic Market capital value of Europe's largest banks since the coronavirus 2022
- Basic Statistic Market capital value of European stock exchanges since Coronavirus outbreak 2019-2022
- Premium Statistic Impact of coronavirus (COVID-19) on real GDP in Italy 2021-2022
- Basic Statistic ifo German export expectations for manufacturing 2020-2022
- Premium Statistic Coronavirus (COVID-19) impact on GDP growth in France 2020, by scenario
- Basic Statistic Impact of COVID-19 on GDP dynamics in CEE region 2020
Impact on the United States
7
- Basic Statistic Real GDP growth by quarter in the U.S. 2012-2022
- Basic Statistic U.S. unemployment insurance claims per week December 2022
- Basic Statistic U.S. seasonally adjusted unemployment rate 2021-2022
- Basic Statistic U.S. unemployment rate December 2022, by industry and class of worker
- Basic Statistic U.S. monthly change in nonfarm payroll employment 2021-2022, by industry
- Basic Statistic U.S. monthly chained inflation December 2021-2022
- Premium Statistic Share of workers and businesses impacted by COVID-19 2020
Further related statistics
15
- Quarterly oil price forecast for UK Brent and West Texas Intermediate 2015
- Canada's production of crude oil by type 2012-2018
- Volume of borrowings from Russian Central Bank March 2020, by bank
- Western Canada crude oil production forecast by oil type 2014-2035
- Crude oil initial reserves in Canada by region and type 2016
- Most emission-intensive crude oil types worldwide
- Major types of crude oil imported to Italy H1 2022
- Volume variation of most popular crude oil imported by Italy H1 2020
- Projection of the wholesale price of crude oil in the United Kingdom (UK) 2020-2040
- Crude oil imports from Australia to Japan FY 2021, by oil type
- Crude oil imports from Saudi Arabia to Japan FY 2021, by oil type
- Crude oil imports from the U.S. to Japan FY 2021, by oil type
- Crude oil imports from the U.A.E. to Japan FY 2021, by oil type
- NY Harbor No. 2 heating oil futures contract 3 prices 1990-2019
- Diesel vehicle fuel stock in the United Kingdom (UK) 2011-2019
Further Content: You might find this interesting as well
Statistics
- Quarterly oil price forecast for UK Brent and West Texas Intermediate 2015
- Canada's production of crude oil by type 2012-2018
- Volume of borrowings from Russian Central Bank March 2020, by bank
- Western Canada crude oil production forecast by oil type 2014-2035
- Crude oil initial reserves in Canada by region and type 2016
- Most emission-intensive crude oil types worldwide
- Major types of crude oil imported to Italy H1 2022
- Volume variation of most popular crude oil imported by Italy H1 2020
- Projection of the wholesale price of crude oil in the United Kingdom (UK) 2020-2040
- Crude oil imports from Australia to Japan FY 2021, by oil type
- Crude oil imports from Saudi Arabia to Japan FY 2021, by oil type
- Crude oil imports from the U.S. to Japan FY 2021, by oil type
- Crude oil imports from the U.A.E. to Japan FY 2021, by oil type
- NY Harbor No. 2 heating oil futures contract 3 prices 1990-2019
- Diesel vehicle fuel stock in the United Kingdom (UK) 2011-2019
Topics

Statista. (January 27, 2023). Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from March 2, 2020 to January 23, 2023 (in U.S. dollars per barrel) [Graph]. In Statista. Retrieved January 28, 2023, from https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
Statista. "Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from March 2, 2020 to January 23, 2023 (in U.S. dollars per barrel)." Chart. January 27, 2023. Statista. Accessed January 28, 2023. https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
Statista. (2023). Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from March 2, 2020 to January 23, 2023 (in U.S. dollars per barrel). Statista. Statista Inc.. Accessed: January 28, 2023. https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
Statista. "Closing Price of Brent, Opec Basket, and Wti Crude Oil at The Beginning of Each Week from March 2, 2020 to January 23, 2023 (in U.S. Dollars per Barrel)." Statista, Statista Inc., 27 Jan 2023, https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
Statista, Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from March 2, 2020 to January 23, 2023 (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/326017/weekly-crude-oil-prices/ (last visited January 28, 2023)
Closing price of Brent, OPEC basket, and WTI crude oil at the beginning of each week from March 2, 2020 to January 23, 2023 (in U.S. dollars per barrel) [Graph], Statista, January 27, 2023. [Online]. Available: https://www.statista.com/statistics/326017/weekly-crude-oil-prices/