The global fuel energy price index stood at 202.89 index points in October 2023, up from 100 in the base year 2016. Figures increased six-fold between summer 2020 and summer 2022 as a result of an ongoing energy supply shortage that was exacerbated by the Russia-Ukraine war. The decrease noted in October was due to mild weather and reduced demand outlooks as recession fears loomed. The fuel energy index includes prices for crude oil, natural gas, coal, and propane.
Monthly fuel energy price index worldwide from January 2020 to October 2023
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IMF. (November 7, 2023). Monthly fuel energy price index worldwide from January 2020 to October 2023 [Graph]. In Statista. Retrieved December 07, 2023, from https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
IMF. "Monthly fuel energy price index worldwide from January 2020 to October 2023." Chart. November 7, 2023. Statista. Accessed December 07, 2023. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
IMF. (2023). Monthly fuel energy price index worldwide from January 2020 to October 2023. Statista. Statista Inc.. Accessed: December 07, 2023. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
IMF. "Monthly Fuel Energy Price Index Worldwide from January 2020 to October 2023." Statista, Statista Inc., 7 Nov 2023, https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
IMF, Monthly fuel energy price index worldwide from January 2020 to October 2023 Statista, https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/ (last visited December 07, 2023)
Monthly fuel energy price index worldwide from January 2020 to October 2023 [Graph], IMF, November 7, 2023. [Online]. Available: https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/