18 October 2018
2018- n° 272In September, oil price bounced back vigorously Prices of oil and raw material imports - September 2018
In September 2018, the price of North Sea crude oil (Brent) in euros bounced back vigorously (+7.8% after −1.2% in August) to an average of €68 per barrel (+8.8% after −2.3%).
Warning: This issue only comments oil prices evolvement. Indeed, some data sets used to compute the imported raw materials indices (excluding energy) are not published anymore by the World Bank, the main source for this data. Imported raw materials indices (excluding energy) will not be commented this month. New data sets replacing those missing should be used and available soon.
Oil price ramped up strongly
In September 2018, the price of North Sea crude oil (Brent) in euros bounced back vigorously (+7.8% after −1.2% in August) to an average of €68 per barrel (+8.8% after −2.3%).
tableauTable1 – Oil and petroleum products
| Prices | Change (%) | |||
|---|---|---|---|---|
| of last month | over the last month | over the last 3 months | over the last 12 months | |
| Brent in $ per barrel | 78,9 | 8,8 | 6,0 | 42,2 |
| Brent in € per barrel | 67,7 | 7,8 | 6,2 | 45,3 |
| Gasoline cts €/L | 47,4 | –0,1 | 3,3 | 15,2 |
| Gas Oil | 593,9 | 4,1 | 5,4 | 33,1 |
| Heavy fuel | 392,7 | 1,4 | 2,6 | 35,7 |
| Naphtha | 578,0 | 4,5 | 6,4 | 38,1 |
- Prices are in euros per tonne unless otherwise specified
graphiqueGraph1 – Oil (Brent)
- Source: INSEE
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Time series : Raw materials prices
