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

Range
Correlation coefficient: 0.102718

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



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)Gold Price (US Dollars per Troy Ounce)Crude Oil (petroleum) ROCGold ROCCrude Oil (petroleum) / Gold Price Ratio
Mar 199413.62384.13--0.0355
Apr 199415.08377.2710.72%-1.79%0.0400
May 199416.28381.437.96%1.10%0.0427
Jun 199417.17385.645.47%1.10%0.0445
Jul 199417.88385.494.14%-0.04%0.0464
Aug 199417.00380.36-4.92%-1.33%0.0447
Sep 199416.20391.58-4.71%2.95%0.0414
Oct 199416.47389.771.67%-0.46%0.0423
Nov 199417.08384.393.70%-1.38%0.0444
Dec 199415.94379.29-6.67%-1.33%0.0420
Jan 199516.90378.556.02%-0.20%0.0446
Feb 199517.42376.643.08%-0.50%0.0463
Mar 199517.35382.12-0.40%1.45%0.0454
Apr 199518.65391.037.49%2.33%0.0477
May 199518.42385.22-1.23%-1.49%0.0478
Jun 199517.36387.56-5.75%0.61%0.0448
Jul 199516.08386.23-7.37%-0.34%0.0416
Aug 199516.47383.672.43%-0.66%0.0429
Sep 199516.82383.062.13%-0.16%0.0439
Oct 199516.12383.14-4.16%0.02%0.0421
Nov 199516.74385.313.85%0.57%0.0434
Dec 199517.87387.446.75%0.55%0.0461
Jan 199617.80399.45-0.39%3.10%0.0446
Feb 199617.70404.76-0.56%1.33%0.0437
Mar 199619.40396.219.60%-2.11%0.0490
Apr 199620.66392.856.49%-0.85%0.0526
May 199619.06391.93-7.74%-0.23%0.0486
Jun 199618.51385.27-2.89%-1.70%0.0480
Jul 199619.59383.475.83%-0.47%0.0511
Aug 199620.44387.354.34%1.01%0.0528
Sep 199622.26383.148.90%-1.09%0.0581
Oct 199623.61381.076.06%-0.54%0.0620
Nov 199622.39377.85-5.17%-0.84%0.0593
Dec 199623.62369.005.49%-2.34%0.0640
Jan 199723.23355.11-1.65%-3.76%0.0654
Feb 199720.42346.58-12.10%-2.40%0.0589
Mar 199719.33351.81-5.34%1.51%0.0549
Apr 199717.88344.47-7.50%-2.09%0.0519
May 199719.37343.848.33%-0.18%0.0563
Jun 199717.92340.76-7.49%-0.90%0.0526
Jul 199718.33324.102.29%-4.89%0.0566
Aug 199718.70324.012.02%-0.03%0.0577
Sep 199718.66322.82-0.21%-0.37%0.0578
Oct 199720.04324.877.40%0.64%0.0617
Nov 199719.09306.04-4.74%-5.80%0.0624
Dec 199717.09288.74-10.48%-5.65%0.0592
Jan 199815.00289.10-12.23%0.12%0.0519
Feb 199814.10297.49-6.00%2.90%0.0474
Mar 199813.12295.94-6.95%-0.52%0.0443
Apr 199813.50308.292.90%4.17%0.0438
May 199814.03299.103.93%-2.98%0.0469
Jun 199812.48292.32-11.05%-2.27%0.0427
Jul 199812.70292.871.76%0.19%0.0434
Aug 199812.49284.11-1.65%-2.99%0.0440
Sep 199813.80288.9810.49%1.71%0.0478
Oct 199813.26295.93-3.91%2.41%0.0448
Nov 199811.88294.12-10.41%-0.61%0.0404
Dec 199810.41291.68-12.37%-0.83%0.0357
Jan 199911.44287.089.89%-1.58%0.0398
Feb 199910.75287.33-6.03%0.09%0.0374
Mar 199913.17285.9622.51%-0.48%0.0461
Apr 199915.87282.6220.50%-1.17%0.0562
May 199916.06276.441.20%-2.19%0.0581
Jun 199916.39261.312.05%-5.47%0.0627
Jul 199918.99256.0815.86%-2.00%0.0742
Aug 199920.27256.696.74%0.24%0.0790
Sep 199922.70264.7411.99%3.14%0.0857
Oct 199921.95310.72-3.30%17.37%0.0706
Nov 199924.16293.1810.07%-5.64%0.0824
Dec 199925.10283.073.89%-3.45%0.0887
Jan 200025.31284.320.84%0.44%0.0890
Feb 200027.22299.867.55%5.47%0.0908
Mar 200027.49286.390.99%-4.49%0.0960
Apr 200023.47279.69-14.62%-2.34%0.0839
May 200027.19275.1915.85%-1.61%0.0988
Jun 200029.62285.738.94%3.83%0.1037
Jul 200028.18281.59-4.86%-1.45%0.1001
Aug 200029.26274.473.83%-2.53%0.1066
Sep 200032.08273.689.64%-0.29%0.1172
Oct 200031.40270.00-2.12%-1.34%0.1163
Nov 200032.33266.012.96%-1.48%0.1215
Dec 200025.20271.45-22.05%2.05%0.0928
Jan 200125.96265.493.02%-2.20%0.0978
Feb 200127.24261.874.93%-1.36%0.1040
Mar 200125.02263.03-8.15%0.44%0.0951
Apr 200125.72260.482.80%-0.97%0.0987
May 200127.55272.367.12%4.56%0.1012
Jun 200126.97270.23-2.11%-0.78%0.0998
Jul 200124.80267.53-8.05%-1.00%0.0927
Aug 200125.82272.394.11%1.82%0.0948
Sep 200125.21283.42-2.36%4.05%0.0889
Oct 200120.73283.06-17.77%-0.13%0.0732
Nov 200118.69276.16-9.84%-2.44%0.0677
Dec 200118.52275.85-0.91%-0.11%0.0671
Jan 200219.15281.513.40%2.05%0.0680
Feb 200219.98295.504.33%4.97%0.0676
Mar 200223.64294.0618.32%-0.49%0.0804
Apr 200225.43302.687.57%2.93%0.0840
May 200225.67314.490.94%3.90%0.0816
Jun 200224.49321.18-4.60%2.13%0.0763
Jul 200225.75313.295.14%-2.46%0.0822
Aug 200226.78310.264.00%-0.97%0.0863
Sep 200228.28319.145.60%2.86%0.0886
Oct 200227.53316.56-2.65%-0.81%0.0870
Nov 200224.54319.07-10.86%0.79%0.0769
Dec 200227.89331.9213.65%4.03%0.0840
Jan 200330.75356.8610.25%7.51%0.0862
Feb 200332.88358.976.93%0.59%0.0916
Mar 200330.36340.55-7.66%-5.13%0.0891
Apr 200325.56328.18-15.81%-3.63%0.0779
May 200326.06355.681.96%8.38%0.0733
Jun 200327.92356.357.14%0.19%0.0783
Jul 200328.59351.022.40%-1.50%0.0814
Aug 200329.68359.773.81%2.49%0.0825
Sep 200326.88378.95-9.43%5.33%0.0709
Oct 200329.01378.927.92%-0.01%0.0766
Nov 200329.12389.910.38%2.90%0.0747
Dec 200329.97406.952.92%4.37%0.0736
Jan 200431.37413.794.67%1.68%0.0758
Feb 200431.33404.88-0.13%-2.15%0.0774
Mar 200433.67406.677.47%0.44%0.0828
Apr 200433.71403.260.12%-0.84%0.0836
May 200437.56383.7811.42%-4.83%0.0979
Jun 200435.54392.37-5.38%2.24%0.0906
Jul 200437.89398.096.61%1.46%0.0952
Aug 200442.08400.5111.06%0.61%0.1051
Sep 200441.60405.28-1.14%1.19%0.1026
Oct 200446.88420.4612.69%3.75%0.1115
Nov 200442.13439.38-10.13%4.50%0.0959
Dec 200439.04442.08-7.33%0.61%0.0883
Jan 200542.97424.0310.07%-4.08%0.1013
Feb 200544.82423.354.31%-0.16%0.1059
Mar 200550.94433.8513.65%2.48%0.1174
Apr 200550.64429.23-0.59%-1.06%0.1180
May 200547.83421.87-5.55%-1.71%0.1134
Jun 200553.89430.6612.67%2.08%0.1251
Jul 200556.37424.484.60%-1.44%0.1328
Aug 200561.89437.939.79%3.17%0.1413
Sep 200561.69456.05-0.32%4.14%0.1353
Oct 200558.19469.90-5.67%3.04%0.1238
Nov 200555.04476.67-5.41%1.44%0.1155
Dec 200556.43510.102.53%7.01%0.1106
Jan 200662.46549.8610.69%7.79%0.1136
Feb 200659.70555.00-4.42%0.93%0.1076
Mar 200660.93557.092.06%0.38%0.1094
Apr 200667.97610.6511.55%9.61%0.1113
May 200668.68675.391.04%10.60%0.1017
Jun 200668.29596.15-0.57%-11.73%0.1146
Jul 200672.45633.716.09%6.30%0.1143
Aug 200671.81632.59-0.88%-0.18%0.1135
Sep 200662.12598.19-13.49%-5.44%0.1038
Oct 200657.91585.78-6.78%-2.07%0.0989
Nov 200658.14627.830.40%7.18%0.0926
Dec 200660.99629.794.90%0.31%0.0968
Jan 200753.52631.17-12.25%0.22%0.0848
Feb 200757.56664.757.55%5.32%0.0866
Mar 200760.60654.905.28%-1.48%0.0925
Apr 200765.06679.377.36%3.74%0.0958
May 200765.16667.310.15%-1.78%0.0976
Jun 200768.19655.664.65%-1.75%0.1040
Jul 200773.60665.387.93%1.48%0.1106
Aug 200770.13665.41-4.71%0.00%0.1054
Sep 200776.76712.659.45%7.10%0.1077
Oct 200781.97754.606.79%5.89%0.1086
Nov 200791.34806.2511.43%6.84%0.1133
Dec 200789.52803.20-1.99%-0.38%0.1115
Jan 200890.69889.601.31%10.76%0.1019
Feb 200893.39922.302.98%3.68%0.1013
Mar 2008101.84968.439.05%5.00%0.1052
Apr 2008108.76909.716.79%-6.06%0.1196
May 2008122.63888.6612.75%-2.31%0.1380
Jun 2008131.52889.497.25%0.09%0.1479
Jul 2008132.83939.771.00%5.65%0.1413
Aug 2008114.57839.03-13.75%-10.72%0.1366
Sep 200899.66829.93-13.01%-1.08%0.1201
Oct 200872.69806.62-27.06%-2.81%0.0901
Nov 200853.97760.86-25.75%-5.67%0.0709
Dec 200841.34816.09-23.40%7.26%0.0507
Jan 200943.86858.696.10%5.22%0.0511
Feb 200941.84943.00-4.61%9.82%0.0444
Mar 200946.65924.2711.50%-1.99%0.0505
Apr 200950.28890.207.78%-3.69%0.0565
May 200958.15928.6515.65%4.32%0.0626
Jun 200969.15945.6718.92%1.83%0.0731
Jul 200964.67934.23-6.48%-1.21%0.0692
Aug 200971.63949.3810.76%1.62%0.0754
Sep 200968.35996.59-4.58%4.97%0.0686
Oct 200974.081,043.168.38%4.67%0.0710
Nov 200977.551,127.044.68%8.04%0.0688
Dec 200974.881,134.72-3.44%0.68%0.0660
Jan 201077.121,117.962.99%-1.48%0.0690
Feb 201074.761,095.41-3.06%-2.02%0.0682
Mar 201079.301,113.346.07%1.64%0.0712
Apr 201084.181,148.696.15%3.18%0.0733
May 201075.621,205.43-10.17%4.94%0.0627
Jun 201074.731,232.92-1.18%2.28%0.0606
Jul 201074.581,192.97-0.20%-3.24%0.0625
Aug 201075.831,215.811.68%1.91%0.0624
Sep 201076.121,270.980.38%4.54%0.0599
Oct 201081.721,342.027.36%5.59%0.0609
Nov 201084.531,369.893.44%2.08%0.0617
Dec 201090.011,390.556.48%1.51%0.0647
Jan 201192.691,360.462.98%-2.16%0.0681
Feb 201197.911,374.685.63%1.05%0.0712
Mar 2011108.651,423.2610.97%3.53%0.0763
Apr 2011116.241,480.896.99%4.05%0.0785
May 2011108.071,512.58-7.03%2.14%0.0714
Jun 2011105.851,529.36-2.05%1.11%0.0692
Jul 2011107.921,572.751.96%2.84%0.0686
Aug 2011100.491,759.01-6.88%11.84%0.0571
Sep 2011100.821,772.140.33%0.75%0.0569
Oct 201199.851,666.43-0.96%-5.97%0.0599
Nov 2011105.411,739.005.57%4.35%0.0606
Dec 2011104.231,639.97-1.12%-5.69%0.0636
Jan 2012107.071,654.052.72%0.86%0.0647
Feb 2012112.691,744.825.25%5.49%0.0646
Mar 2012117.791,675.954.53%-3.95%0.0703
Apr 2012113.671,649.20-3.50%-1.60%0.0689
May 2012104.091,589.04-8.43%-3.65%0.0655
Jun 201290.731,598.76-12.84%0.61%0.0568
Jul 201296.751,594.296.64%-0.28%0.0607
Aug 2012105.271,630.318.81%2.26%0.0646
Sep 2012106.281,744.810.96%7.02%0.0609
Oct 2012103.411,746.58-2.70%0.10%0.0592
Nov 2012101.171,721.64-2.17%-1.43%0.0588
Dec 2012101.191,684.760.02%-2.14%0.0601
Jan 2013105.101,671.853.86%-0.77%0.0629
Feb 2013107.641,627.572.42%-2.65%0.0661
Mar 2013102.521,593.09-4.76%-2.12%0.0644
Apr 201398.851,487.86-3.58%-6.61%0.0664
May 201399.371,414.030.53%-4.96%0.0703
Jun 201399.741,343.350.37%-5.00%0.0742
Jul 2013105.261,285.525.53%-4.30%0.0819
Aug 2013108.161,351.742.76%5.15%0.0800
Sep 2013108.761,348.600.55%-0.23%0.0806
Oct 2013105.431,316.58-3.06%-2.37%0.0801
Nov 2013102.631,275.86-2.66%-3.09%0.0804
Dec 2013105.481,221.512.78%-4.26%0.0864
Jan 2014102.101,244.27-3.20%1.86%0.0821
Feb 2014104.831,299.582.67%4.45%0.0807
Mar 2014104.041,336.08-0.75%2.81%0.0779
Apr 2014104.871,298.450.80%-2.82%0.0808
May 2014105.711,288.740.80%-0.75%0.0820
Jun 2014108.371,279.102.52%-0.75%0.0847
Jul 2014105.231,310.59-2.90%2.46%0.0803
Aug 2014100.051,295.13-4.92%-1.18%0.0773
Sep 201495.851,236.55-4.20%-4.52%0.0775
Oct 201486.081,222.49-10.19%-1.14%0.0704
Nov 201476.991,175.33-10.56%-3.86%0.0655
Dec 201460.701,200.62-21.16%2.15%0.0506
Jan 201547.111,250.75-22.39%4.18%0.0377
Feb 201554.791,227.0816.30%-1.89%0.0447
Mar 201552.831,178.63-3.58%-3.95%0.0448
Apr 201557.541,198.938.92%1.72%0.0480
May 201562.511,198.638.63%-0.03%0.0522
Jun 201561.311,181.50-1.92%-1.43%0.0519
Jul 201554.341,128.31-11.37%-4.50%0.0482
Aug 201545.691,117.93-15.92%-0.92%0.0409
Sep 201546.281,124.771.29%0.61%0.0411
Oct 201546.961,159.251.47%3.07%0.0405
Nov 201543.111,086.44-8.20%-6.28%0.0397
Dec 201536.571,075.74-15.17%-0.98%0.0340
Jan 201629.781,097.91-18.57%2.06%0.0271
Feb 201631.031,199.504.20%9.25%0.0259
Mar 201637.341,245.1420.34%3.80%0.0300
Apr 201640.751,242.269.13%-0.23%0.0328
May 201645.941,260.9512.74%1.50%0.0364
Jun 201647.691,276.403.81%1.23%0.0374
Jul 201644.131,336.66-7.46%4.72%0.0330
Aug 201644.881,340.171.70%0.26%0.0335
Sep 201645.041,326.610.36%-1.01%0.0340
Oct 201649.291,266.559.44%-4.53%0.0389
Nov 201645.261,238.35-8.18%-2.23%0.0365
Dec 201652.621,157.3616.26%-6.54%0.0455
Jan 201753.591,192.101.84%3.00%0.0450
Feb 201754.351,234.201.42%3.53%0.0440
Mar 201750.901,231.42-6.35%-0.23%0.0413
Apr 201752.161,266.882.48%2.88%0.0412
May 201749.891,246.04-4.35%-1.64%0.0400
Jun 201746.171,260.26-7.46%1.14%0.0366
Jul 201747.661,236.843.23%-1.86%0.0385
Aug 201749.941,283.044.78%3.74%0.0389
Sep 201752.951,314.076.03%2.42%0.0403
Oct 201754.921,279.513.72%-2.63%0.0429
Nov 201759.931,281.909.12%0.19%0.0468
Dec 201761.191,264.452.10%-1.36%0.0484
Jan 201866.231,331.308.24%5.29%0.0497
Feb 201863.461,330.73-4.18%-0.04%0.0477
Mar 201864.171,324.661.12%-0.46%0.0484
Apr 201868.791,334.767.20%0.76%0.0515
May 201873.431,303.456.75%-2.35%0.0563
Jun 201871.981,281.57-1.97%-1.68%0.0562
Jul 201872.671,237.710.96%-3.42%0.0587
Aug 201871.081,201.71-2.19%-2.91%0.0591
Sep 201875.361,198.396.02%-0.28%0.0629
Oct 201876.731,215.391.82%1.42%0.0631
Nov 201862.321,220.65-18.78%0.43%0.0511
Dec 201853.961,250.40-13.41%2.44%0.0432
Jan 201956.581,291.754.86%3.31%0.0438
Feb 201961.131,320.078.04%2.19%0.0463
Mar 201963.791,300.904.35%-1.45%0.0490
Apr 201968.581,285.917.51%-1.15%0.0533
May 201966.831,283.70-2.55%-0.17%0.0521
Jun 201959.761,359.04-10.58%5.87%0.0440
Jul 201961.481,412.892.88%3.96%0.0435
Aug 201957.671,500.41-6.20%6.19%0.0384
Sep 201960.041,510.584.11%0.68%0.0397
Oct 201957.271,494.81-4.61%-1.04%0.0383
Nov 201960.401,470.795.47%-1.61%0.0411
Dec 201963.351,479.134.88%0.57%0.0428
Jan 202061.631,560.67-2.72%5.51%0.0395
Feb 202053.351,597.10-13.44%2.33%0.0334
Mar 202032.201,591.93-39.64%-0.32%0.0202
Apr 202021.041,683.17-34.66%5.73%0.0125
May 202030.381,715.9144.39%1.95%0.0177
Jun 202039.461,732.2229.89%0.95%0.0228
Jul 202042.071,846.516.61%6.60%0.0228
Aug 202043.441,968.633.26%6.61%0.0221
Sep 202040.601,921.92-6.54%-2.37%0.0211
Oct 202039.901,900.27-1.72%-1.13%0.0210
Nov 202042.301,866.306.02%-1.79%0.0227
Dec 202048.731,858.4215.20%-0.42%0.0262
Jan 202153.601,866.989.99%0.46%0.0287
Feb 202160.461,808.1712.80%-3.15%0.0334
Mar 202163.831,718.235.57%-4.97%0.0371
Apr 202162.951,760.04-1.38%2.43%0.0358
May 202166.401,850.265.48%5.13%0.0359
Jun 202171.801,834.578.13%-0.85%0.0391
Jul 202173.281,807.842.06%-1.46%0.0405
Aug 202168.871,785.28-6.02%-1.25%0.0386
Sep 202172.801,775.145.71%-0.57%0.0410
Oct 202182.061,776.8512.72%0.10%0.0462
Nov 202179.921,821.76-2.61%2.53%0.0439
Dec 202172.871,790.43-8.82%-1.72%0.0407
Jan 202283.921,816.0215.16%1.43%0.0462
Feb 202293.541,856.3011.46%2.22%0.0504
Mar 2022112.401,947.8320.16%4.93%0.0577
Apr 2022103.411,936.86-8.00%-0.56%0.0534
May 2022110.101,848.506.47%-4.56%0.0596
Jun 2022116.801,836.576.09%-0.65%0.0636
Jul 2022105.081,732.74-10.03%-5.65%0.0606
Aug 202295.971,764.56-8.67%1.84%0.0544
Sep 202288.221,680.78-8.08%-4.75%0.0525
Oct 202290.331,664.452.39%-0.97%0.0543
Nov 202287.381,725.07-3.27%3.64%0.0507
Dec 202278.071,797.55-10.65%4.20%0.0434
Jan 202380.411,897.713.00%5.57%0.0424
Feb 202380.251,854.54-0.20%-2.27%0.0433
Mar 202376.471,912.73-4.71%3.14%0.0400
Apr 202382.461,999.777.83%4.55%0.0412
May 202374.121,992.13-10.11%-0.38%0.0372
Jun 202373.261,942.90-1.16%-2.47%0.0377
Jul 202378.981,951.027.81%0.42%0.0405
Aug 202384.721,918.707.27%-1.66%0.0442
Sep 202392.221,915.958.85%-0.14%0.0481
Oct 202389.081,916.25-3.40%0.02%0.0465
Nov 202381.351,984.11-8.68%3.54%0.0410
Dec 202375.722,026.18-6.92%2.12%0.0374
Jan 202477.672,034.042.58%0.39%0.0382
Feb 202480.552,023.243.71%-0.53%0.0398

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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