Oil prices in the United States decreased by nearly six percent in local currency terms over the period from February to September 2022. In other regions presented, the prices increased, partly due to the Russian invasion of Ukraine. Furthermore, the price growth was higher than in the U.S. because of depreciation of domestic currencies.
Oil price growth in local currency terms worldwide from February to September 2022, by selected region
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Topics
Oil industry worldwideWorld Bank. (October 26, 2022). Oil price growth in local currency terms worldwide from February to September 2022, by selected region [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1351118/oil-price-growth-by-region/
World Bank. "Oil price growth in local currency terms worldwide from February to September 2022, by selected region." Chart. October 26, 2022. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1351118/oil-price-growth-by-region/
World Bank. (2022). Oil price growth in local currency terms worldwide from February to September 2022, by selected region. Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1351118/oil-price-growth-by-region/
World Bank. "Oil Price Growth in Local Currency Terms Worldwide from February to September 2022, by Selected Region." Statista, Statista Inc., 26 Oct 2022, https://www.statista.com/statistics/1351118/oil-price-growth-by-region/
World Bank, Oil price growth in local currency terms worldwide from February to September 2022, by selected region Statista, https://www.statista.com/statistics/1351118/oil-price-growth-by-region/ (last visited April 26, 2024)
Oil price growth in local currency terms worldwide from February to September 2022, by selected region [Graph], World Bank, October 26, 2022. [Online]. Available: https://www.statista.com/statistics/1351118/oil-price-growth-by-region/