Prices

• Published date: 01 January 2018
• DOI: http://doi.org/10.1111/oet.9_12499
• Date: 01 January 2018

OIL AND ENERGY TRENDS, JANUARY 2018

44 PRICES

Table 14.1 Spot Crude Oil Prices

($/b FOB port of shipment)

Country: UK US US Russia Dubai Oman Russia Egypt Nigeria

Crude: Brent WTI ANS Urals Dubai Oman ESPO Suez Bl Bonny Lt

ºAPI 394032323134353133

Monthly Averages:

2016 Nov 44.85 45.56 46.42 42.61 43.99 44.27 41.83 45.29

Dec 52.99 51.53 53.21 50.56 51.22 51.35 53.40

2017 Jan 54.63 52.50 54.53 52.58 53.78 53.65 51.69 55.11

Feb 55.17 53.29 55.00 52.87 54.31 54.72 55.54

Mar 51.82 49.94 52.43 49.46 51.51 52.08 48.54 52.39

Apr 52.63 51.17 53.79 50.25 52.39 52.79 53.01

May 50.38 48.45 51.02 48.65 50.43 50.52 47.24 51.17

Jun 46.92 41.61 47.94 45.69 46.91 46.64 47.39

Jul 48.41 46.29 48.90 47.55 47.43 47.16 48.74

Aug 51.58 48.44 51.74 51.13 50.32 50.27 49.63 52.39

Sep 55.43 49.25 54.46 53.87 52.93 53.46 56.67

Oct 57.03 51.29 57.34 55.42 55.28 55.49 58.21

Nov 62.28 56.12 62.61 61.50 60.51 60.58 63.40

Values as of:

2017 04 Aug 52.05 49.51 52.13 51.71 50.62 50.33 50.13 52.69

11 Aug 51.89 49.11 51.98 51.72 50.89 50.87 50.13 52.67

18 Aug 50.46 47.50 50.99 50.13 49.41 49.49 48.50 51.38

25 Aug 51.91 47.62 51.87 50.94 50.35 50.40 49.74 52.83

01 Sep 52.34 46.70 51.38 51.02 49.95 50.56 49.67 53.02

08 Sep 53.92 48.60 53.21 52.58 52.03 52.24 51.15 55.12

15 Sep 55.64 49.08 54.42 53.82 52.87 53.20 52.75 56.83

22 Sep 56.67 50.06 55.65 55.25 54.31 54.77 53.72 58.32

29 Sep 58.56 51.83 57.65 56.66 55.47 56.51 51.43 55.74 60.05

06 Oct 56.14 50.21 55.95 54.88 54.65 54.95 49.65 54.05 57.37

13 Oct 55.90 50.77 56.75 54.97 54.62 54.84 49.61 53.67 57.46

20 Oct 57.51 51.71 57.76 55.92 55.73 56.09 50.83 54.93 59.01

27 Oct 58.58 52.48 58.91 55.92 56.11 56.09 50.94 56.35 59.01

03 Nov 60.80 54.60 61.27 60.10 58.76 58.85 62.13

10 Nov 64.17 57.05 63.62 63.32 61.69 61.78 65.38

17 Nov 61.67 55.90 62.48 60.87 60.57 60.71 62.57

24 Nov 62.47 56.92 63.07 61.72 61.00 60.96 63.52

Crude Oil Price Movement 2016-2017

Brent, WTI & OPEC Basket ($/b)