Consumer Price Index: Difference between revisions

Consumer Price Index (view source)

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 ===6. Energy===
 Past Developments: [https://www.investmentwiki.org/wiki/Energy_Industry#Price_Developments Energy Industry]
+*Oil prices were mainly flat during march at around $75. The prices had a high of $73 at mid march. <ref>https://www.bloomberg.com/quote/CL1:COM</ref>
-* Oil prices were mainly flat during march, just a small decline registered, from 77.69 at the begining of march to 75.61 at the end. The prices had a low of $66 at mid march. <ref>https://www.bloomberg.com/quote/CL1:COM</ref>
+*Gasoline prices went from 3.533 to 3.765. Small increase of 6%.<ref name=":1">https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=w</ref>
-* Gasoline prices went from 3.457 to 3.533. Small increase of 2%.<ref>https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0_pte_nus_dpg&f=w</ref>
+*Natural Gas prices went from 2.22 to 2.32. A 4.5% increase.<ref>https://www.bloomberg.com/quote/NG1:COM</ref>
-* Natural Gas prices went from 2.81 to 2.10. A 25% decline in prices.
+*The future markets continue to expect lower oil prices, now at $69.43 at year end. <ref>https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html</ref>
-* Despite the OPEC oil cuts, the future markets expect prices to decline to $76 at year end from current levels ($80.7).<ref>https://www.cmegroup.com/markets/energy/crude-oil/light-sweet-crude.quotes.html</ref>
 [[File:FjjZBKRWIAITa5Y.png|thumb|https://twitter.com/MacroAlf/status/1601366332527693824/photo/1]]