Prices

• Published date: 01 July 2020
• Date: 01 July 2020
• DOI: http://doi.org/10.1111/oet.9_12663

OIL AND ENERGY TRENDS, JULY 2020

40 PRICES

PRICES

OIL AND ENERGY TRENDS, JULY 2020

Table 14.1 Spot Crude Oil Prices

($/b FOB port of shipment)

MAY

Country: UK US US Russia Dubai Oman Russia Egypt Nigeria

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

ºAPI 39 40 32 32 31 34 35 31 33

Monthly Averages:

2019 Mar 65.90 57.84 67.56 65.37 66.73 67.15 69.25 64.22 67.87

Apr 71.27 63.90 71.66 71.42 70.90 72.05 73.74 73.12

May 71.08 60.92 69.67 70.42 68.65 71.27 73.93 70.03 73.54

Jun 64.10 54.68 63.25 62.37 61.68 62.04 65.44 60.78 66.74

Jul 64.18 57.48 65.21 62.54 63.21 64.59 67.49 66.45

Aug 59.52 55.20 61.08 59.21 59.58 61.09 65.08 58.76 61.55

Sep 62.87 57.04 63.34 60.19 61.13 62.83 66.81 65.37

Oct 59.68 53.76 62.13 57.76 59.19 60.91 65.75 57.18 61.12

Nov 62.57 56.92 64.30 62.48 61.81 63.56 68.78 65.38

Dec 67.13 59.72 66.29 62.98 64.73 63.95 71.23 65.49 69.87

2020 Jan 63.99 57.94 65.30 61.94 64.43 65.95 70.69 67.03

Feb 55.44 50.66 54.76 54.19 54.22 54.83 57.84 55.66 58.48

Mar 33.24 30.82 35.50 30.31 34.74 35.18 36.96 34.00

Values as of:

2019 06 Dec 65.06 57.62 64.53 62.56 61.72 63.52 67.24 63.95 67.97

13 Dec 66.68 59.25 65.59 64.40 64.03 65.87 69.42 65.40 69.78

20 Dec 68.17 60.74 66.92 59.60 66.12 58.20 74.01 66.48 70.00

27 Dec 68.61 61.26 68.12 65.37 67.06 68.20 74.26 66.13 71.73

03 Jan 67.39 61.74 68.52 64.49 67.13 68.81 74.12 70.99

2020

10 Jan 67.81 60.84 68.31 65.33 67.85 69.35 75.11 70.88

17 Jan 64.08 58.24 66.00 62.39 64.91 66.40 72.12 66.88

24 Jan 62.35 56.15 63.61 60.42 63.73 65.12 68.83 64.85

31 Jan 58.30 52.73 60.05 57.09 58.52 60.07 63.25 61.57

07 Feb 53.99 50.35 56.01 53.31 54.46 55.28 59.72 52.62 57.89

14 Feb 55.13 50.83 54.42 54.15 54.07 54.35 59.17 53.31 58.03

21 Feb 58.68 53.11 56.95 57.61 56.15 57.00 58.47 57.22 61.27

28 Feb 53.97 48.35 51.65 51.69 52.20 52.70 54.00 59.47 56.74

06 Mar 50.50 45.58 48.96 48.87 50.50 50.97 52.96 53.15

13 Mar 33.71 32.34 35.99 30.67 33.63 33.98 35.37 35.80

20 Mar 25.65 24.73 28.28 21.75 29.03 29.15 31.76 25.97

27 Mar 23.10 20.64 28.78 19.94 25.80 26.60 27.75 21.07

Crude Oil Price Movement 2019-2020

Brent, WTI & OPEC Basket ($/b)