Energy prices increased 5.2% month on month in February, following January’s 4.1% rise.
Energy prices rose for a second straight month in February for the first time since June last year, bringing them to their highest level since July while remaining down year on year. Concerns about a U.S.-Iran war pushed up prices of crude, refined oil products and thermal coal, while Australian coking coal also traded higher in the month. On 28 February, fears of a U.S. attack on Iran were realized, resulting in the closure of the Strait of Hormuz; about 25% of the world’s seaborne oil exports and 20% of global LNG supply pass through the Strait. That said, European and U.S. natural gas traded lower in February amid milder weather in both regions.
This chart displays Brent Crude Oil (US$/bbl) from 2024 to 2025.
Energy Historical Price Data
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| European TTF Natural Gas | - | - | - | - | 8.79 | 10.00 | 11.49 | 13.55 | 14.42 | 11.87 | 11.31 | 10.26 |
| Diesel | - | - | - | - | 2.69 | 2.51 | 2.33 | 2.24 | 2.36 | 2.15 | 2.34 | 2.30 |
| Dubai Crude Oil | - | - | - | - | 82.90 | 86.60 | 79.86 | 74.75 | 76.84 | 67.12 | 70.14 | 63.55 |
| Australian Coking Coal | - | - | - | - | 306 | 243 | 212 | 203 | 186 | 185 | 183 | 200 |
| Uranium U3O8 | - | - | - | - | 96.40 | 88.85 | 81.98 | 78.44 | 68.31 | 70.01 | 74.76 | 78.49 |
| WTI Crude Oil | - | - | - | - | 77.48 | 81.77 | 76.60 | 70.77 | 71.92 | 64.72 | 65.79 | 59.61 |
| RBOB Gasoline | - | - | - | - | 2.37 | 2.57 | 2.26 | 2.00 | 2.10 | 2.11 | 2.09 | 1.85 |
| U.S. Henry Hub Natural Gas | - | - | - | - | 2.11 | 2.33 | 2.23 | 3.00 | 3.87 | 3.51 | 3.08 | 4.05 |
| Australian Thermal Coal | - | - | - | - | 127.17 | 136.11 | 140.29 | 139.10 | 107.82 | 100.51 | 109.36 | 107.72 |
| Brent Crude Oil | - | - | - | - | 81.87 | 85.02 | 78.87 | 74.03 | 75.12 | 66.91 | 68.17 | 63.12 |