Crude Oil (petroleum) vs Iron Ore - Price Rate of Change Comparison

Range
Correlation coefficient: -0.928263

Description: Monthly comparison between the rate of change in the price of Crude Oil (petroleum) versus the rate of change in the price of Iron Ore



Rate of ChangePrice Ratio

Source: World Bank.

See also: Energy production and consumption statistics

See also: Top commodity suppliers

See also: Commodities glossary - Definitions of terms used in commodity trading

MonthCrude Oil (petroleum) Price (US Dollars per Barrel)Iron Ore Price (US Dollars per Dry Metric Ton)Crude Oil (petroleum) ROCIron Ore ROCCrude Oil (petroleum) / Iron Ore Price Ratio
Oct 202389.08118.97--74.8760
Nov 202381.35131.07-8.68%10.17%62.0661
Dec 202375.72137.05-6.92%4.56%55.2499
Jan 202477.67135.822.58%-0.90%57.1860
Feb 202480.55124.393.71%-8.42%64.7560

Top Companies

Saudi Aramco
Website: http://www.saudiaramco.com/
Location: Dhahran, Saudi Arabia
Estimated Production: 8.5 million barrels per day

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