RECENT ENERGY PRICE DEVELOPMENTS

摘要

Fourth quarter 2015 crude oil import costs fell sharply in all major IEA member countries, marking two consecutive quarterly decreases during the second half of 2015. The total IEA average decrease was 17% over third quarter 2015 levels. Prices fell most in Korea (-23%) and least in the United Kingdom (-13%). Year on year, average import costs in IEA member countries continued to show very large falls, registering a 46% drop overall. The largest decrease occurred in the United States (-48%).