Commodity Origins

Crude oil vs Coal

Crude oil's biggest producer is United States (21%, 2025); Coal's is China (52%, 2025). Crude oil is currently $90.9/bbl, Coal $135.2/t. Their monthly price moves have only weakly tracked each other over the 679 months compared (r = 0.29).

Crude oil compared with Coal
Crude oilCoal
CategoryEnergyEnergy
Top producerUnited States (21%, 2025)China (52%, 2025)
World production100,590 thousand barrels daily9,053 million tonnes
Top exporterSaudi Arabia (14%, 2024)Australia (34%, 2024)
Latest price$90.9/bbl (August 2026)$135.2/t (August 2026)
12-month change+33%+20%

Price since January 1970, rebased to 100

Each price divided by its own January 1970 value and multiplied by 100, so the two can share one chart regardless of unit. Starts at January 1970 because that is the later of the two series' first published month.

Crude oil vs Coal monthly prices, index, Jan 1970 to Aug 2026Line chart of crude oil vs coal monthly prices in index from Jan 1970 to Aug 2026: Crude oil from 100 to 7,575, peaking at 11,158; Coal from 100 to 1,733, peaking at 5,523.02,0004,0006,0008,00010,00012,000197019751980198519901995200020052010201520202025index
Crude oilCoal

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Production: FAOSTAT, USGS Mineral Commodity Summaries or the Energy Institute Statistical Review, whichever each commodity page cites. Trade: CEPII BACI, primary HS line. Prices: World Bank Pink Sheet, monthly averages, not investment advice.