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)
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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 December 23, 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 December 23, 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: December 23, 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 December 23, 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/
