Working oil pumps against financial data graph chart on blue background

Energy Prices

Energy prices decreased 0.3% month on month in December, following November’s 1.6% fall.

December’s decline was the fourth in five months, with the oil market remaining depressed at the prospect of rising crude production and a more hawkish U.S. Fed. European natural gas also posted a slight drop, largely due to strong wind power generation early in the month. Capping things off, prices for uranium plus coking and thermal coal also fell. That said, the decline in energy prices was slight: Brent prices only fell marginally and those for WTI stagnated, with money managers raising their net long positions, as China’s economy appeared to improve and the presidency of Donald Trump—who may reimpose sanctions on oil-producing Iran and Venezuela—edged closer. Meanwhile, U.S. natural gas prices soared due to cold weather and surging liquified natural gas exports.

Chart

Line chart with 35 lines.
The chart has 1 X axis displaying Quarters. Data ranges from 2023 to 2024.
The chart has 35 Y axes displaying 1556 1557 1558 1549 1550 1551 1552 1553 1554 1555 1543 1544 1538 1539 1540 1541 1542 1533 1534 1535 1536 1537 48989 59592 1529 1530 1531 US$/bbl 1526 1527 1528 1548 1545 1546 and 1547.
End of interactive chart.

This chart displays Brent Crude Oil (US$/bbl) from 2023 to 2024.

Energy Historical Price Data

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
European TTF Natural Gas 16.80 11.25 10.80 13.56 8.79 10.00 11.49 13.55
Diesel 2.90 2.43 3.01 2.82 2.69 2.51 2.33 2.24
Australian Thermal Coal 255.36 161.32 146.92 134.98 127.17 136.11 140.29 139.10
Australian Coking Coal 342 244 262 333 306 243 212 203
Uranium U3O8 50.39 50.95 50.95 72.06 96.40 88.85 81.98 78.44
Brent Crude Oil 82.24 77.89 85.88 82.97 81.87 85.02 78.87 74.03
WTI Crude Oil 76.04 73.53 82.11 78.45 77.48 81.77 76.60 70.77
RBOB Gasoline 2.52 2.60 2.72 2.20 2.37 2.57 2.26 2.00
U.S. Henry Hub Natural Gas 2.78 2.33 2.66 2.92 2.11 2.33 2.23 3.00

Free sample report

Price forecasts and historical data for Energy.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen
  翻译: