Energies: Highlights | February 2015

[EN] Crude oil prices have shown an ongoing price slump in January. With an average price of 42,77 EUR/bbl for Brent (40,83 EUR/bbl for WTI) prices have fallen another 16.5% (15.1%). The effect has partly been set off by the weakening Euro against the US-Dollar. The reasons for the decline have been rising supplies and stocks as well as OPEC’s decision to maintain market share against the competition of the Fracking industry in the US. OPEC nations like Saudi Arabia still hold on to this strategy, although they would actually need a minimum price 100 USD/bbl to remain a balanced budget.
In early February crude oil prices rose above 53 EUR (Brent; WTI: 45 EUR) due to speculations of a shrinking oversupply because of a reduction on rig counts. However this could turn out to only be a short term trend, as a number of other influences indicate an ongoing supply excess in the long term.
Moreover natural gas prices in the US fell by 11.6% in January due to high stocks, weak demand and continued gains in production. Natural gas prices in Europe have also declined slightly because of weak demand and large supply.
This article shows you the latest price developments and relevant key figures for energies.

Taking the past 12 months into account, we have observed  price decreases for all our energies analysed. In particular crude oil Brent (-52.9%) and WTI (-59.6%) have fallen most intensive. However the markets of natural gas in the US (-40.3%) and EU (-6.8%) report a clear price slump as well.

During the last month, Brent (-2.2%) and WTI (-9.3%) have continued their extraordinary downward trend and also natural gas US (-2.0%) and EU (-0.2%) report a price drop . The highest price movements are still registered by the US market of natural gas with an annualized volatility of 58.4% in January.

In order to provide a market visibility for European companies affected by raw material costs, the following analysis takes into consideration the price evolution in EUR unless specified. Please click on the raw materials below to receive more detailed information.

Energies prices returns | 1 YEAR | daily price dataEnergies prices returns | 1 MONTH | daily price data
February 2014 - January 2015January 2015
*Returns based on monthly data over the last 12 months*Returns based on monthly data over the last month

1. CRUDE OIL BRENT  Read more

2. CRUDE OIL WTI  Read more

3. NATURAL GAS EU  Read more

4. NATURAL GAS US Read more

Date of publication: 16 February 2015
Sources | Disclaimer | Methodology

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