Historical Year Data · 2016
European Natural Gas Price in 2016
European Natural Gas Price opened 2016 at 5.09 and closed at 5.16, a +1.38% move for the year. The high of 5.16 was reached on December 1, and the low of 3.96 on September 1.
Open
5.09
2016-01
Close
5.16
12 data points
High
5.16
Dec 1
Low
3.96
Sep 1
Full Year Change
+1.38%
2015 Change
-38.84%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 5.09 | 5.09 | 5.09 | 5.09 | +0.00% |
| Feb | 4.79 | 4.79 | 4.79 | 4.79 | +0.00% |
| Mar | 4.09 | 4.09 | 4.09 | 4.09 | +0.00% |
| Apr | 4.02 | 4.02 | 4.02 | 4.02 | +0.00% |
| May | 3.99 | 3.99 | 3.99 | 3.99 | +0.00% |
| Jun | 4.04 | 4.04 | 4.04 | 4.04 | +0.00% |
| Jul | 4.3 | 4.3 | 4.3 | 4.3 | +0.00% |
| Aug | 4.25 | 4.25 | 4.25 | 4.25 | +0.00% |
| Sep | 3.96 | 3.96 | 3.96 | 3.96 | +0.00% |
| Oct | 4.01 | 4.01 | 4.01 | 4.01 | +0.00% |
| Nov | 4.54 | 4.54 | 4.54 | 4.54 | +0.00% |
| Dec | 5.16 | 5.16 | 5.16 | 5.16 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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