Energy prices increased 14.3% month on month in September, following August’s 4.7% rise.
Energy prices averaged higher in September, with Brent surging to just below May’s four-year high. Drone attacks forced Saudi Arabia to shut its East-West pipeline to the Red Sea—a key export lifeline amid the Hormuz Strait blockade—while the U.S. slowed Strategic Petroleum Reserve releases. Diesel crack spreads rose for a third month to a series high, as Gulf refined-fuel shipments stayed near 60% of prewar levels and Russian export curbs persisted; gasoline prices rose more modestly as the U.S. driving season ended. European natural gas prices hit a post-2022 high, with EU gas storage at its lowest seasonal level in over a decade. Thermal coal prices climbed on pricier LNG and El Niño-driven cooling demand in Asia, while U.S. natural gas prices rebounded as LNG exports rose.
This chart displays Brent Crude Oil (US$/bbl) from 2024 to 2026.
Energy Historical Price Data
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dubai Crude Oil | - | - | - | 74.75 | 76.84 | 67.12 | 70.14 | 63.55 | 86.53 | 94.99 | 92.23 | - |
| Liquified Natural Gas (JKM) | - | - | - | 13.92 | 14.02 | 12.38 | 11.82 | 10.83 | 13.27 | 17.58 | 22.14 | - |
| European TTF Natural Gas | - | - | - | 13.55 | 14.42 | 11.87 | 11.31 | 10.26 | 13.67 | 15.60 | 21.49 | - |
| Diesel | - | - | 2.33 | 2.24 | 2.36 | 2.15 | 2.34 | 2.30 | 2.85 | 3.68 | - | - |
| Uranium U3O8 | - | - | - | 78.44 | 68.31 | 70.01 | 74.76 | 78.49 | 86.74 | 85.74 | 87.80 | - |
| Australian Thermal Coal | - | - | - | 139.10 | 107.82 | 100.51 | 109.36 | 107.72 | 119.71 | 137.15 | 135.42 | - |
| Australian Coking Coal | - | - | - | 203 | 186 | 185 | 183 | 200 | 235 | 238 | 247 | - |
| U.S. Henry Hub Natural Gas | - | - | - | 3.00 | 3.87 | 3.51 | 3.08 | 4.05 | 3.45 | 2.94 | 2.90 | - |
| WTI Crude Oil | - | - | - | 70.77 | 71.92 | 64.72 | 65.79 | 59.61 | 72.13 | 95.76 | 86.94 | - |
| RBOB Gasoline | - | - | - | 2.00 | 2.10 | 2.11 | 2.09 | 1.85 | 2.25 | 3.25 | 3.24 | - |
| Brent Crude Oil | - | - | - | 74.03 | 75.12 | 66.91 | 68.17 | 63.12 | 78.07 | 96.94 | 91.33 | - |