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Fuel Oil Price | Current and Forecast
Monitor Fuel Oil Price By Country
Price Dynamics. The Fuel Oil price in Brazil decreased during July 2018 to 431 USD per metric ton, which represents a slight decline of 1% compared to the previous month’s value. On a year-over-year basis, Fuel Oil prices in Brazil increased significantly by 57%. Meanwhile, in Canada, the average price of Fuel Oil amounted to 480 USD per metric ton in July 2018, from 294 USD per metric ton one year earlier. On a month-over-month basis, the Fuel Oil price in Canada is 4% lower than the price one month before.
The price of Fuel Oil in Chile rose slightly throughout July 2018, reaching 584 USD per metric ton. The price in Chile is 0.4% higher than the average price in the previous month and 54% higher than the average price one year before. In contrast, Fuel Oil prices in Colombia decreased during July 2018, reaching 393 USD per metric ton, which means a decline of 4% from the previous month’s price and a rise of 48% from the previous year’s price.
In the month examined, the Fuel Oil prices in Mexico experienced a significant rise of 57 USD per metric ton from the previous month's price, to 365 USD per metric ton. Such price movement in Mexico meant a rise of 18% on a monthly basis and a rise of 49% on a yearly basis. On the other hand, in July 2018, the Fuel Oil price in United States witnessed a decline of 10 USD per metric ton when compared against the previous month's price, to 433 USD per metric ton. The July 2018 price in United States is 39% higher than the price one year before.