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

Range
6m 1y 5y 10y 15y 20y 25y 30y
Correlation coefficient: 0.247894

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



Rate of ChangePrice Ratio

Source: Thomson Reuters Datastream, World Bank.

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MonthIron Ore Price (US Dollars per Dry Metric Ton)Crude Oil (petroleum) Price (US Dollars per Barrel)Iron Ore ROCCrude Oil (petroleum) ROCIron Ore / Crude Oil (petroleum) Price Ratio
Apr 2014114.58104.87--0.0109
May 2014100.56105.71-12.24%0.80%0.0095
Jun 201492.74108.37-7.78%2.52%0.0086
Jul 201496.05105.233.57%-2.90%0.0091
Aug 201492.61100.05-3.58%-4.92%0.0093
Sep 201482.3895.85-11.05%-4.20%0.0086
Oct 201481.0686.08-1.60%-10.19%0.0094
Nov 201473.7376.99-9.04%-10.56%0.0096
Dec 201468.3960.70-7.24%-21.16%0.0113
Jan 201568.2347.11-0.23%-22.39%0.0145
Feb 201562.7554.79-8.03%16.30%0.0115
Mar 201558.0552.83-7.49%-3.58%0.0110
Apr 201552.2857.54-9.94%8.92%0.0091
May 201560.3062.5115.34%8.63%0.0096
Jun 201562.6361.313.86%-1.92%0.0102
Jul 201552.3954.34-16.35%-11.37%0.0096
Aug 201556.1945.697.25%-15.92%0.0123
Sep 201556.9546.281.35%1.29%0.0123
Oct 201553.1246.96-6.73%1.47%0.0113
Nov 201546.8643.11-11.78%-8.20%0.0109
Dec 201540.5036.57-13.57%-15.17%0.0111
Jan 201641.8829.783.41%-18.57%0.0141
Feb 201646.8331.0311.82%4.20%0.0151
Mar 201656.2037.3420.01%20.34%0.0151
Apr 201660.9240.758.40%9.13%0.0149
May 201655.1345.94-9.50%12.74%0.0120
Jun 201651.9847.69-5.71%3.81%0.0109
Jul 201657.2644.1310.16%-7.46%0.0130
Aug 201660.8944.886.34%1.70%0.0136
Sep 201657.7945.04-5.09%0.36%0.0128
Oct 201659.0949.292.25%9.44%0.0120
Nov 201673.1045.2623.71%-8.18%0.0162
Dec 201680.0252.629.47%16.26%0.0152
Jan 201780.4153.590.49%1.84%0.0150
Feb 201789.4454.3511.23%1.42%0.0165
Mar 201787.6550.90-2.00%-6.35%0.0172
Apr 201770.2252.16-19.89%2.48%0.0135
May 201762.4349.89-11.09%-4.35%0.0125
Jun 201757.4846.17-7.93%-7.46%0.0124
Jul 201767.7447.6617.85%3.23%0.0142
Aug 201776.0749.9412.30%4.78%0.0152
Sep 201771.5352.95-5.97%6.03%0.0135
Oct 201761.6654.92-13.80%3.72%0.0112
Nov 201764.2459.934.18%9.12%0.0107
Dec 201772.2561.1912.47%2.10%0.0118
Jan 201876.3466.235.66%8.24%0.0115
Feb 201877.4663.461.47%-4.18%0.0122
Mar 201870.3564.17-9.18%1.12%0.0110
Apr 201865.7568.79-6.54%7.20%0.0096
May 201866.1073.430.53%6.75%0.0090
Jun 201865.0471.98-1.60%-1.97%0.0090
Jul 201864.5672.67-0.74%0.96%0.0089
Aug 201867.1571.084.01%-2.19%0.0094
Sep 201868.4475.361.92%6.02%0.0091
Oct 201873.4176.737.26%1.82%0.0096
Nov 201873.2662.32-0.20%-18.78%0.0118
Dec 201869.1653.96-5.60%-13.41%0.0128
Jan 201976.1656.5810.12%4.86%0.0135
Feb 201988.2261.1315.84%8.04%0.0144
Mar 201986.4763.79-1.98%4.35%0.0136
Apr 201993.7068.588.36%7.51%0.0137
May 2019100.1566.836.88%-2.55%0.0150
Jun 2019108.9459.768.78%-10.58%0.0182
Jul 2019120.2461.4810.37%2.88%0.0196
Aug 201993.0757.67-22.60%-6.20%0.0161
Sep 201993.0860.040.01%4.11%0.0155
Oct 201988.5357.27-4.89%-4.61%0.0155
Nov 201984.9860.40-4.01%5.47%0.0141
Dec 201992.6563.359.03%4.88%0.0146
Jan 202095.7661.633.36%-2.72%0.0155
Feb 202087.6853.35-8.44%-13.44%0.0164
Mar 202088.9932.201.49%-39.64%0.0276
Apr 202084.7321.04-4.79%-34.66%0.0403
May 202093.6530.3810.53%44.39%0.0308
Jun 2020103.3039.4610.30%29.89%0.0262
Jul 2020108.5242.075.05%6.61%0.0258
Aug 2020121.0743.4411.56%3.26%0.0279
Sep 2020123.7540.602.21%-6.54%0.0305
Oct 2020119.7839.90-3.21%-1.72%0.0300
Nov 2020124.3642.303.82%6.02%0.0294
Dec 2020155.4348.7324.98%15.20%0.0319
Jan 2021169.6353.609.14%9.99%0.0316
Feb 2021163.8060.46-3.44%12.80%0.0271
Mar 2021168.1863.832.67%5.57%0.0263
Apr 2021179.8362.956.93%-1.38%0.0286
May 2021207.7266.4015.51%5.48%0.0313
Jun 2021214.4371.803.23%8.13%0.0299
Jul 2021214.1473.28-0.14%2.06%0.0292
Aug 2021162.1668.87-24.27%-6.02%0.0235
Sep 2021124.5272.80-23.21%5.71%0.0171
Oct 2021122.9182.06-1.29%12.72%0.0150
Nov 202196.2479.92-21.70%-2.61%0.0120
Dec 2021116.9672.8721.53%-8.82%0.0161
Jan 2022132.5383.9213.31%15.16%0.0158
Feb 2022142.8493.547.78%11.46%0.0153
Mar 2022152.07112.406.46%20.16%0.0135
Apr 2022151.25103.41-0.54%-8.00%0.0146
May 2022131.21110.10-13.25%6.47%0.0119
Jun 2022130.74116.80-0.36%6.09%0.0112
Jul 2022108.57105.08-16.96%-10.03%0.0103
Aug 2022108.8595.970.26%-8.67%0.0113
Sep 202299.8188.22-8.31%-8.08%0.0113
Oct 202292.5690.33-7.26%2.39%0.0102
Nov 202293.3487.380.84%-3.27%0.0107
Dec 2022111.8478.0719.82%-10.65%0.0143
Jan 2023122.2380.419.29%3.00%0.0152
Feb 2023127.6080.254.39%-0.20%0.0159
Mar 2023128.3776.470.60%-4.71%0.0168
Apr 2023117.3982.46-8.55%7.83%0.0142
May 2023105.1574.12-10.43%-10.11%0.0142
Jun 2023113.4573.267.89%-1.16%0.0155
Jul 2023114.4378.980.86%7.81%0.0145
Aug 2023110.2084.72-3.70%7.27%0.0130
Sep 2023120.9892.229.78%8.85%0.0131
Oct 2023118.9789.08-1.66%-3.40%0.0134
Nov 2023131.0781.3510.17%-8.68%0.0161
Dec 2023137.0575.724.56%-6.92%0.0181
Jan 2024135.8277.67-0.90%2.58%0.0175
Feb 2024124.3980.55-8.42%3.71%0.0154

Top Companies

Companhia Vale Do Rio Doce
Website: http://www.vale.com/
Location: Rio De Janerio, Brazil
Estimated Production: 301.7 million tonnes per year

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