Energy Commodities Price Outlook
Energy prices continue recovering in June
Energy prices climbed 23.6% month-on-month in June, after jumping 31.3% in May—which had marked the largest increase on record.
The energy price outlook remains downbeat in July, with FocusEconomics panelists projecting prices to dive 28.3% annually in Q4 2020 (previous edition: -32.1% yoy). Although energy consumption should recover further in H2 as the global economy rebounds from the Covid-19 crisis, a likely second wave of infections, geopolitical risks and supply volatility all cloud the outlook.
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Energy Commodities Historical Price Data
|Brent Crude Oil||52.42||43.83||54.26||71.01||64.32|
|WTI Crude Oil||48.68||43.28||50.84||64.94||56.97|
- Brent Crude Oil prices in USD per barrel (bbl).
- WTI Crude Oil prices in USD per barrel (bbl).
- Gasoline prices in USD per gallon (gal).
- Natural Gas prices in USD per Million of British Thermal Units (MMBtu).
- Thermal Coal prices in USD per metric ton (mt).
- Coking Coal prices in USD per metric ton (mt).
- Uranium prices in USD per pound (lb).
- Gasoil prices in USD per metric ton (mt).
- All prices are average of period (aop).
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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