Energy Commodities Price Outlook
Energy prices continue plunging at the outset of Q2
Energy prices dived 27.7% month-on-month in April, on the heels of a 35.7% plunge in March and marking the second-sharpest contraction on record.
The energy price outlook remains grim in May. Global oil demand is set to remain severely curtailed amid a looming global recession, which, coupled with sustained oversupply conditions, will weigh on oil prices in the short-term
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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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