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

Range
6m 1y 5y 10y 15y 20y 25y 30y
Correlation coefficient: 0.252994

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
Apr 200950.2859.78--84.1084
May 200958.1562.6915.65%4.87%92.7580
Jun 200969.1571.6618.92%14.31%96.4973
Jul 200964.6783.95-6.48%17.15%77.0340
Aug 200971.6397.6710.76%16.34%73.3388
Sep 200968.3580.71-4.58%-17.36%84.6859
Oct 200974.0886.798.38%7.53%85.3555
Nov 200977.5599.264.68%14.37%78.1282
Dec 200974.88105.07-3.44%5.85%71.2668
Jan 201077.12125.722.99%19.65%61.3427
Feb 201074.76127.49-3.06%1.41%58.6399
Mar 201079.30139.696.07%9.57%56.7686
Apr 201084.18172.476.15%23.47%48.8085
May 201075.62161.35-10.17%-6.45%46.8671
Jun 201074.73143.63-1.18%-10.98%52.0295
Jul 201074.58126.36-0.20%-12.02%59.0218
Aug 201075.83145.341.68%15.02%52.1742
Sep 201076.12140.630.38%-3.24%54.1279
Oct 201081.72148.487.36%5.58%55.0377
Nov 201084.53156.103.44%5.13%54.1512
Dec 201090.01163.106.48%4.48%55.1870
Jan 201192.69179.182.98%9.86%51.7301
Feb 201197.91187.185.63%4.46%52.3079
Mar 2011108.65169.3610.97%-9.52%64.1533
Apr 2011116.24179.336.99%5.89%64.8191
May 2011108.07177.05-7.03%-1.27%61.0393
Jun 2011105.85170.88-2.05%-3.48%61.9441
Jul 2011107.92172.981.96%1.23%62.3887
Aug 2011100.49177.50-6.88%2.61%56.6141
Sep 2011100.82177.230.33%-0.15%56.8865
Oct 201199.85150.43-0.96%-15.12%66.3764
Nov 2011105.41135.545.57%-9.90%77.7704
Dec 2011104.23136.39-1.12%0.63%76.4206
Jan 2012107.07140.262.72%2.84%76.3368
Feb 2012112.69140.405.25%0.10%80.2635
Mar 2012117.79144.664.53%3.03%81.4254
Apr 2012113.67147.64-3.50%2.06%76.9913
May 2012104.09136.61-8.43%-7.47%76.1950
Jun 201290.73134.66-12.84%-1.43%67.3771
Jul 201296.75127.946.64%-4.99%75.6214
Aug 2012105.27107.508.81%-15.98%97.9256
Sep 2012106.2899.470.96%-7.47%106.8463
Oct 2012103.41113.95-2.70%14.56%90.7503
Nov 2012101.17120.35-2.17%5.62%84.0632
Dec 2012101.19128.510.02%6.78%78.7410
Jan 2013105.10150.493.86%17.10%69.8385
Feb 2013107.64154.642.42%2.76%69.6068
Mar 2013102.52139.87-4.76%-9.55%73.2966
Apr 201398.85137.39-3.58%-1.77%71.9485
May 201399.37124.010.53%-9.74%80.1306
Jun 201399.74114.820.37%-7.41%86.8664
Jul 2013105.26127.195.53%10.77%82.7581
Aug 2013108.16137.062.76%7.76%78.9143
Sep 2013108.76134.190.55%-2.09%81.0493
Oct 2013105.43132.57-3.06%-1.21%79.5278
Nov 2013102.63136.32-2.66%2.83%75.2861
Dec 2013105.48135.792.78%-0.39%77.6788
Jan 2014102.10128.12-3.20%-5.65%79.6909
Feb 2014104.83121.372.67%-5.27%86.3723
Mar 2014104.04111.83-0.75%-7.86%93.0341
Apr 2014104.87114.580.80%2.46%91.5256
May 2014105.71100.560.80%-12.24%105.1213
Jun 2014108.3792.742.52%-7.78%116.8536
Jul 2014105.2396.05-2.90%3.57%109.5575
Aug 2014100.0592.61-4.92%-3.58%108.0337
Sep 201495.8582.38-4.20%-11.05%116.3511
Oct 201486.0881.06-10.19%-1.60%106.1929
Nov 201476.9973.73-10.56%-9.04%104.4215
Dec 201460.7068.39-21.16%-7.24%88.7557
Jan 201547.1168.23-22.39%-0.23%69.0459
Feb 201554.7962.7516.30%-8.03%87.3147
Mar 201552.8358.05-3.58%-7.49%91.0078
Apr 201557.5452.288.92%-9.94%110.0676
May 201562.5160.308.63%15.34%103.6650
Jun 201561.3162.63-1.92%3.86%97.8924
Jul 201554.3452.39-11.37%-16.35%103.7221
Aug 201545.6956.19-15.92%7.25%81.3134
Sep 201546.2856.951.29%1.35%81.2643
Oct 201546.9653.121.47%-6.73%88.4036
Nov 201543.1146.86-8.20%-11.78%91.9974
Dec 201536.5740.50-15.17%-13.57%90.2963
Jan 201629.7841.88-18.57%3.41%71.1079
Feb 201631.0346.834.20%11.82%66.2609
Mar 201637.3456.2020.34%20.01%66.4413
Apr 201640.7560.929.13%8.40%66.8910
May 201645.9455.1312.74%-9.50%83.3303
Jun 201647.6951.983.81%-5.71%91.7468
Jul 201644.1357.26-7.46%10.16%77.0695
Aug 201644.8860.891.70%6.34%73.7067
Sep 201645.0457.790.36%-5.09%77.9374
Oct 201649.2959.099.44%2.25%83.4151
Nov 201645.2673.10-8.18%23.71%61.9152
Dec 201652.6280.0216.26%9.47%65.7586
Jan 201753.5980.411.84%0.49%66.6459
Feb 201754.3589.441.42%11.23%60.7670
Mar 201750.9087.65-6.35%-2.00%58.0719
Apr 201752.1670.222.48%-19.89%74.2808
May 201749.8962.43-4.35%-11.09%79.9135
Jun 201746.1757.48-7.46%-7.93%80.3236
Jul 201747.6667.743.23%17.85%70.3573
Aug 201749.9476.074.78%12.30%65.6501
Sep 201752.9571.536.03%-5.97%74.0249
Oct 201754.9261.663.72%-13.80%89.0691
Nov 201759.9364.249.12%4.18%93.2908
Dec 201761.1972.252.10%12.47%84.6920
Jan 201866.2376.348.24%5.66%86.7566
Feb 201863.4677.46-4.18%1.47%81.9262
Mar 201864.1770.351.12%-9.18%91.2154
Apr 201868.7965.757.20%-6.54%104.6236
May 201873.4366.106.75%0.53%111.0893
Jun 201871.9865.04-1.97%-1.60%110.6704
Jul 201872.6764.560.96%-0.74%112.5620
Aug 201871.0867.15-2.19%4.01%105.8526
Sep 201875.3668.446.02%1.92%110.1110
Oct 201876.7373.411.82%7.26%104.5225
Nov 201862.3273.26-18.78%-0.20%85.0669
Dec 201853.9669.16-13.41%-5.60%78.0220
Jan 201956.5876.164.86%10.12%74.2910
Feb 201961.1388.228.04%15.84%69.2927
Mar 201963.7986.474.35%-1.98%73.7713
Apr 201968.5893.707.51%8.36%73.1910
May 201966.83100.15-2.55%6.88%66.7299
Jun 201959.76108.94-10.58%8.78%54.8559
Jul 201961.48120.242.88%10.37%51.1311
Aug 201957.6793.07-6.20%-22.60%61.9641
Sep 201960.0493.084.11%0.01%64.5037
Oct 201957.2788.53-4.61%-4.89%64.6899
Nov 201960.4084.985.47%-4.01%71.0756
Dec 201963.3592.654.88%9.03%68.3756
Jan 202061.6395.76-2.72%3.36%64.3588
Feb 202053.3587.68-13.44%-8.44%60.8463
Mar 202032.2088.99-39.64%1.49%36.1838
Apr 202021.0484.73-34.66%-4.79%24.8318
May 202030.3893.6544.39%10.53%32.4399
Jun 202039.46103.3029.89%10.30%38.1994
Jul 202042.07108.526.61%5.05%38.7671
Aug 202043.44121.073.26%11.56%35.8801
Sep 202040.60123.75-6.54%2.21%32.8081
Oct 202039.90119.78-1.72%-3.21%33.3111
Nov 202042.30124.366.02%3.82%34.0142
Dec 202048.73155.4315.20%24.98%31.3517
Jan 202153.60169.639.99%9.14%31.5982
Feb 202160.46163.8012.80%-3.44%36.9109
Mar 202163.83168.185.57%2.67%37.9534
Apr 202162.95179.83-1.38%6.93%35.0053
May 202166.40207.725.48%15.51%31.9661
Jun 202171.80214.438.13%3.23%33.4841
Jul 202173.28214.142.06%-0.14%34.2206
Aug 202168.87162.16-6.02%-24.27%42.4704
Sep 202172.80124.525.71%-23.21%58.4645
Oct 202182.06122.9112.72%-1.29%66.7643
Nov 202179.9296.24-2.61%-21.70%83.0424
Dec 202172.87116.96-8.82%21.53%62.3034
Jan 202283.92132.5315.16%13.31%63.3215
Feb 202293.54142.8411.46%7.78%65.4859
Mar 2022112.40152.0720.16%6.46%73.9133
Apr 2022103.41151.25-8.00%-0.54%68.3703
May 2022110.10131.216.47%-13.25%83.9113
Jun 2022116.80130.746.09%-0.36%89.3376
Jul 2022105.08108.57-10.03%-16.96%96.7855
Aug 202295.97108.85-8.67%0.26%88.1672
Sep 202288.2299.81-8.08%-8.31%88.3879
Oct 202290.3392.562.39%-7.26%97.5908
Nov 202287.3893.34-3.27%0.84%93.6147
Dec 202278.07111.84-10.65%19.82%69.8051
Jan 202380.41122.233.00%9.29%65.7858
Feb 202380.25127.60-0.20%4.39%62.8919
Mar 202376.47128.37-4.71%0.60%59.5700
Apr 202382.46117.397.83%-8.55%70.2445
May 202374.12105.15-10.11%-10.43%70.4898
Jun 202373.26113.45-1.16%7.89%64.5747
Jul 202378.98114.437.81%0.86%69.0204
Aug 202384.72110.207.27%-3.70%76.8784
Sep 202392.22120.988.85%9.78%76.2275
Oct 202389.08118.97-3.40%-1.66%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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