Energy Commodities Price Outlook
Energy prices decline in October for the fourth time in the last six months
Energy prices contracted 3.2% month-on-month in October, contrasting September’s 5.1% increase and marking the fourth drop since May.
Our panelists see energy prices dropping 9.8% in Q4 2019 compared to the same period in 2018. Next year, the panel projects energy prices to drop slightly, with a projected price decline of 0.7% for Q4 2020 (previously projected: -1.1% yoy). Any adjustment to the oil cap deal, which expires in March 2020, will certainly impact oil prices. The evolution of the global economy and progress in the extension of greener agendas worldwide are also be factors to watch in 2020.
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Energy Commodities Historical Price Data
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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