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
Characteristic
Price growth
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World Bank. (October 26, 2022). Oil price growth in local currency terms worldwide from February to September 2022, by selected region [Graph]. In Statista. Retrieved August 25, 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 August 25, 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: August 25, 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 August 25, 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/