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Brent spot prices and calendar spread, 1993-2021 X-axis: six-month calendar spread (MI-M7) (US$ per barrel) Y-axis: percent change in spot price over previous two months (five-day avg)
Jun 11, 2024 · Crude oil prices are the primary driver of petroleum product prices. Data source: Short-Term Energy Outlook. Economic growth has a strong impact on oil consumption. Data sources: U.S. Energy Information Administration, Oxford Economics. Changes in expectations of economic growth can affect oil prices.
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This dataset is updated once a month and includes monthly end-user total prices for transport fuels in selected countries, based on the IEA Energy Prices database.
May 12, 2021 · Crude prices rose in April and May boosted by strong economic trends, supply-side concerns, and despite surging Covid cases in some regions. Crude futures rallied by some $7/bbl from a 5 April trough, to $68.81/bbl for ICE Brent and $65.31/bbl for NYMEX WTI on 10 May.
Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.
Monthly Oil Market Report 2021. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.
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Crude oil prices are the primary driver of petroleum product prices. Data source: Short-Term Energy Outlook. Economic growth has a strong impact on oil consumption. Data sources: U.S. Energy Information Administration, Oxford Economics. Changes in expectations of economic growth can affect oil prices.
