USD2.5936−0.0007EUR2.9111+0.0070GBP3.4835+0.0014CHF3.1622−0.0085TRY0.0516−0.0001RUB0.031308−0.000176AZN1.5256−0.0005AMD0.007195+0.000009UAH0.05694−0.00013

Energy prices: Brent, WTI, natural gas, gasoline and diesel

International oil and gas benchmarks from the US Energy Information Administration (EIA) daily spot prices. Not a pump price.

Market price vs shop price

The prices here are international wholesale benchmarks: an ounce of pure gold, a barrel of crude, a tonne of copper. Gold jewellery, a bank's bar, petrol at the pump or scrap all trade at other prices, which include processing, transport, taxes and margins. GFX.GE does not buy or sell commodities.

Brent crude

Europe Brent Spot Price FOB, U.S. Energy Information Administration (EIA), dollars per barrel

Brent is the international North Sea crude benchmark that prices much of the world's oil. This page shows the EIA spot price, published daily with a delay of a few days. It is not the ICE futures price often quoted in the news; the two can differ. A barrel is 158.99 litres, but a crude price is not a petrol price.

WTI crude

Cushing, OK WTI Spot Price FOB, U.S. Energy Information Administration (EIA), dollars per barrel

WTI (West Texas Intermediate) is the US crude benchmark, delivered at Cushing, Oklahoma. It is lighter and sweeter than Brent, but usually cheaper because of transport and the local market. This page shows the EIA daily spot price, not the NYMEX future.

Natural gas (Henry Hub)

Henry Hub Natural Gas Spot Price, U.S. Energy Information Administration (EIA), dollars per million BTU

Henry Hub is a pipeline hub in Louisiana and the main US natural gas benchmark. It is priced per unit of energy, MMBtu, not per cubic metre. Gas prices in Europe and Georgia are set by other markets, contracts and tariffs, so this number is not the Georgian household tariff or the CNG price.

Gasoline (wholesale)

Conventional regular gasoline, New York Harbor, EIA daily spot price, dollars per gallon

This is the international wholesale gasoline price at New York Harbor, not the price at a filling station in Georgia. A station price adds transport, excise, VAT and the company's margin, so this figure only shows the trend.

Diesel (wholesale)

Ultra-low-sulfur No.2 diesel, New York Harbor, EIA daily spot price, dollars per gallon

This is the international wholesale diesel price at New York Harbor, not a filling station price in Georgia. Diesel is the main fuel of freight, so when it rises the cost of transport and goods tends to follow.

Uranium

Uranium, IMF monthly average, dollars per pound

Uranium is the raw material for nuclear power plant fuel. Much of the trade runs on long-term contracts, so the price moves differently from other energy resources.

Prices are for information: international benchmarks from gold-api.com, the EIA and the IMF (via FRED), converted at the National Bank rate. Not an offer to buy or sell, and not investment advice.

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