Crude Oil (petroleum) vs Palm oil - Price Rate of Change Comparison

Range
Correlation coefficient: 0.318522

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



Rate of ChangePrice Ratio

Source: World Bank.

See also: Energy production and consumption statistics

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

MonthCrude Oil (petroleum) Price (US Dollars per Barrel)Palm oil Price (US Dollars per Metric Ton)Crude Oil (petroleum) ROCPalm oil ROCCrude Oil (petroleum) / Palm oil Price Ratio
Oct 202389.08804.26--0.1108
Nov 202381.35830.47-8.68%3.26%0.0980
Dec 202375.72813.51-6.92%-2.04%0.0931
Jan 202477.67844.902.58%3.86%0.0919
Feb 202480.55856.933.71%1.42%0.0940

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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