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

Range
6m 1y 5y 10y 15y 20y 25y 30y
Correlation coefficient: 0.296881

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

See also: Top commodity suppliers

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
Apr 202382.461,005.24--0.0820
May 202374.12934.06-10.11%-7.08%0.0794
Jun 202373.26816.97-1.16%-12.54%0.0897
Jul 202378.98878.507.81%7.53%0.0899
Aug 202384.72860.827.27%-2.01%0.0984
Sep 202392.22829.608.85%-3.63%0.1112
Oct 202389.08804.26-3.40%-3.05%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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