Coal and Oil – the rise and fall

- January 16th, 2009

Coal Investing News reports on coal and oil prices over the years. Coal prices have gone through two really quite extraordinary cycles. Six years ago, the price of coal was $25-30 per metric ton, with a few pluses and minuses. Toward the end of 2003, coal prices started to move up; it moved up quite … Continued

Coal Investing News reports on coal and oil prices over the years.

Coal prices have gone through two really quite extraordinary cycles. Six years ago, the price of coal was $25-30 per metric ton, with a few pluses and minuses. Toward the end of 2003, coal prices started to move up; it moved up quite significantly in 2004 and into early 2005, and reached around $100 per ton. That was still when the coal price seemed to be a consequence of coal supply and demand, which was basically the driver for the upward movement of prices in ‘04 and ‘05.

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