Skip to content
MarketsGrid

Compare

Oil (Brent) vs Inflation (US CPI)

Oil (Brent)

Monthly referenceSingle source

Inflation (US CPI)

Index levelSingle source

120 aligned observations · Sep 1, 2016 → Sep 1, 2026

Over the last 10 years (Sep 1, 2016 → Sep 1, 2026), Oil (Brent) returned +113.14% and Inflation (US CPI) returned +39.56%. $10,000 in Oil (Brent) became $21,314; in Inflation (US CPI), $13,956.

Oil (Brent) Inflation (US CPI)Both rebased to 100 at the start of the range; scale shows % change.
Sep 1, 2016 → Sep 1, 2026High 271.3Low 33.2

Aligned on the sparser series (monthly observations where daily data is unavailable).

Side by side (10Y)

MetricOil (Brent)Inflation (US CPI)
Total return+113.14%+39.56%
Annualised return (CAGR)+7.86%+3.39%
$10,000 became$21,314$13,956
Volatility (annualised)58.8%1.2%
Worst drawdown−82.38%−0.88%
Best year2021 (+47.84%)2021 (+7.04%)
Worst year2020 (−27.09%)2020 (+1.36%)
Correlation of returns0.43

Bold marks the higher value. Returns exclude storage, fees and taxes.

How to read this

Both series are rebased to 100 at the first common date in the range, so the chart shows relative performance regardless of price level. Correlation is computed on period-to-period returns of the aligned observations: values near +1 mean the two moved together, near 0 independently, negative in opposite directions.

Where one series is monthly (for example CPI, or metals before daily data begins), the comparison is aligned on the sparser series, so short ranges may contain few observations. Try longer ranges for macro comparisons.

Oil (Brent) page · Inflation (US CPI) page