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

	2015	2016	2017	2018	2019
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
Gasoline	1.94	1.44	1.72	2.04	1.96
Natural Gas	2.63	2.55	3.02	3.07	2.53
Thermal Coal	58.88	65.69	88.19	107.03	78
Coking Coal	88.38	142.7	188.92	207.39	179.47
Uranium	36.81	26.45	22.06	24.55	25.9
Gasoil	488.16	390.61	482.81	625.62	579.12

Note:

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).

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Energy Commodities Price Outlook

Energy Commodities Historical Price Data

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