Commodities · Energy
World Bank Commodity Price Data (The Pink Sheet): monthly averages of world benchmark prices in U.S. dollars.
| Year | Average | Year close |
|---|---|---|
| 1970 | $7.80 | $7.80 |
| 1971 | $8.70 | $8.70 |
| 1972 | $9.60 | $9.60 |
| 1973 | $11.50 | $11.50 |
| 1974 | $16.90 | $16.90 |
| 1975 | $26.80 | $26.80 |
| 1976 | $27.20 | $27.20 |
| 1977 | $28.70 | $28.70 |
| 1978 | $29.10 | $30.20 |
| 1979 | $30.93 | $32.40 |
| 1980 | $40.13 | $45.00 |
| 1981 | $53.63 | $56.50 |
Source: World Bank Commodity Price Data (The Pink Sheet): Coal, Australian. The World Bank, CC BY 4.0.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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