The prices of fossil fuels increased considerably in 2022 as a result of supply disruptions and rising energy demand. While the crude oil price in 2022 did not reach the levels of the 1979 or 2008 price shocks, natural gas prices rose to record highs.
Notable energy price increases due to global crises worldwide between 1979 and 2022, by fuel
(in U.S. dollars per barrel of oil equivalent)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Visual Capitalist. (September 1, 2022). Notable energy price increases due to global crises worldwide between 1979 and 2022, by fuel (in U.S. dollars per barrel of oil equivalent) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1331652/historic-energy-price-shocks-by-fuel/
Visual Capitalist. "Notable energy price increases due to global crises worldwide between 1979 and 2022, by fuel (in U.S. dollars per barrel of oil equivalent)." Chart. September 1, 2022. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1331652/historic-energy-price-shocks-by-fuel/
Visual Capitalist. (2022). Notable energy price increases due to global crises worldwide between 1979 and 2022, by fuel (in U.S. dollars per barrel of oil equivalent). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1331652/historic-energy-price-shocks-by-fuel/
Visual Capitalist. "Notable Energy Price Increases Due to Global Crises Worldwide between 1979 and 2022, by Fuel (in U.S. Dollars per Barrel of Oil Equivalent)." Statista, Statista Inc., 1 Sep 2022, https://www.statista.com/statistics/1331652/historic-energy-price-shocks-by-fuel/
Visual Capitalist, Notable energy price increases due to global crises worldwide between 1979 and 2022, by fuel (in U.S. dollars per barrel of oil equivalent) Statista, https://www.statista.com/statistics/1331652/historic-energy-price-shocks-by-fuel/ (last visited November 26, 2024)
Notable energy price increases due to global crises worldwide between 1979 and 2022, by fuel (in U.S. dollars per barrel of oil equivalent) [Graph], Visual Capitalist, September 1, 2022. [Online]. Available: https://www.statista.com/statistics/1331652/historic-energy-price-shocks-by-fuel/