Energies: Highlights | October 2014

[EN] Prices for crude oil are falling: Both Brent and WTI have reported strong price drops for three months in a row now. This is due to a noticeable increase in crude oil supply – among others caused by a higher OPEC output. At the same time the demand is currently quite weak seasonally. However the effect is weakened in Europe, as the EUR has depreciated further. On the other hand prices for natural gas have continued to increase in the EU as well as in the US. Furthermore it’s conspicuous that the annualized volatility has risen in all energy markets analysed. This article analyses the latest price developments and most important key figures for energies.

Taking the past 12 months into account, we have observed price decreases for crude oil WTI (-4.4%) and Brent (-6.1%) as well as for natural gas EU (-16.3%). Since US and EU natural gas markets are not highly correlated, we have noticed a price increase of +22.1% for natural gas in the US.

During the last month, Brent (-3.6%) and WTI (-0.4%) have continued their downward trend. Natural gas US (+5.8%) and natural gas EU (+4.3%) have increased. The highest price movements are still registered by the US market of natural gas with an annualized volatility of 30.3% in September.

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
October 2013 – September 2014September 2014
*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: 6 October 2014
Sources | Disclaimer | Methodology

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