Energy prices decreased 4.0% month on month in August, following July’s 0.3% fall.
Energy prices reinforced the downward trend seen over the past year. The June energy price surge appears to have been a blip, driven by the Iran-Israel conflict. With that conflict unlikely to reignite for now, traders have shifted focus to the bearish fundamentals for energy prices—particularly in the oil market, the world’s most important commodity. On 3 August, OPEC+ said that it would speed up oil output hikes for the sixth month running in September. Natural gas prices also fell, including a drop of over 10% in the U.S market as a result of record American production and forecasts for cooler late-summer weather. That said, uranium, coking and thermal coal prices rose, bolstered by stronger electricity demand.
This chart displays Brent Crude Oil (US$/bbl) from 2023 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 | - | - | 10.80 | 13.56 | 8.79 | 10.00 | 11.49 | 13.55 | 14.42 | 11.87 | - | - |
| Dubai Crude Oil | - | - | 86.67 | 83.08 | 82.90 | 86.60 | 79.86 | 74.75 | 76.84 | 67.12 | - | - |
| Diesel | - | - | 3.01 | 2.82 | 2.69 | 2.51 | 2.33 | 2.24 | 2.36 | 2.15 | - | - |
| Australian Thermal Coal | - | - | 146.92 | 134.98 | 127.17 | 136.11 | 140.29 | 139.10 | 107.82 | 100.51 | - | - |
| Australian Coking Coal | - | - | 262 | 333 | 306 | 243 | 212 | 203 | 186 | 185 | - | - |
| Uranium U3O8 | - | - | 50.95 | 72.06 | 96.40 | 88.85 | 81.98 | 78.44 | 68.31 | 70.01 | - | - |
| Brent Crude Oil | - | - | 85.88 | 82.97 | 81.87 | 85.02 | 78.87 | 74.03 | 75.12 | 66.91 | - | - |
| WTI Crude Oil | - | - | 82.11 | 78.45 | 77.48 | 81.77 | 76.60 | 70.77 | 71.92 | 64.72 | - | - |
| RBOB Gasoline | - | - | 2.72 | 2.20 | 2.37 | 2.57 | 2.26 | 2.00 | 2.10 | 2.11 | - | - |
| U.S. Henry Hub Natural Gas | - | - | 2.66 | 2.92 | 2.11 | 2.33 | 2.23 | 3.00 | 3.87 | 3.51 | - | - |