Global price indices of crude oil, cereals, and vegetable oils 2005-2024

Published by Statista Research Department, Jul 4, 2024

The global price of crude oil, cereals, and vegetable oils rose sharply in the spring of 2022 following the Russian invasion of Ukraine in February that year. For instance, the price index of vegetable oils reached over 250 in March that year, with both Russia and Ukraine being major producers of wheat and corn.

Global price indices of crude oil, cereals, and vegetable oils from January 2005 to March 2024 (100=2014-2016)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

April 2024

Region

Worldwide

Survey time period

January 2005 to March 2024

Supplementary notes

*Data on cereals and vegetable oils taken from FAO Food Price Index, data on crude oil taken from the IMF.

The crude oil index is the simple average of the Dated Brent, West Texas Intermediate, and the Dubai Fateh.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Inflation and the food market worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Inflation and the food market worldwide

Overview

7

Food staples

5

United States

5

Canada & Mexico

8

Latin America

8

Europe

7

Further Content: You might find this interesting as well

Topics

Inflation in HungaryInflation in EuropeInflation in PolandInflation in SpainStartups in Hungary
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.