Prices

• Date: 01 May 2019
• Published date: 01 May 2019
• DOI: http://doi.org/10.1111/oet.9_12586

OIL AND ENERGY TRENDS, MAY 2019

46 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:

2018 Mar 66.11 62.88 66.55 63.92 62.97 63.91 66.47 62.18 67.53

Apr 71.39 66.22 70.57 68.70 68.19 68.60 71.81 67.22 72.69

May 77.01 70.32 76.01 76.23 74.04 74.45 77.23 77.98

Jun 74.53 67.59 74.98 73.09 73.70 73.91 76.00 72.61 75.34

Jul 74.30 71.16 75.34 72.23 73.08 73.35 75.34 71.48 75.63

Aug 72.95 68.11 73.75 71.74 72.55 72.83 74.98 70.15 73.99

Sep 78.85 70.17 77.21 76.92 77.25 77.20 79.72 70.98 79.25

Oct 81.87 71.44 80.64 79.58 79.91 81.75 85.50 79.12 83.30

Nov 66.14 57.92 68.00 65.78 67.01 68.19 71.02 67.37

Dec 56.42 49.11 58.38 56.50 56.77 57.50 58.94 49.69 57.93

2019 Jan 58.54 50.79 60.08 58.15 58.22 58.27 60.80 59.82

Feb 63.37 54.46 63.99 63.10 63.34 63.54 65.91 56.00 65.16

Mar 65.90 57.84 67.56 65.37 66.73 67.15 69.25 67.87

Values as of:

2018 07 Dec 60.33 52.65 61.74 60.12 60.13 60.65 62.15 58.85 61.97

14 Dec 59.70 51.52 60.82 59.39 59.26 59.38 61.01 57.98 60.97

21 Dec 54.73 46.88 56.63 54.90 55.86 57.27 59.12 53.07 56.04

28 Dec 50.90 45.39 54.33 51.58 51.82 52.71 53.48 49.77 52.73

2019 04 Jan 54.19 47.20 56.55 52.81 53.55 53.16 55.78 54.21

11 Jan 58.69 50.97 60.33 58.46 58.38 57.72 60.33 60.13

18 Jan 59.91 52.16 61.55 59.93 59.74 60.44 62.86 61.63

25 Jan 61.38 52.83 61.90 61.39 61.21 61.74 64.24 63.29

01 Feb 61.56 53.72 61.82 61.28 60.66 61.25 63.90 60.49 63.38

08 Feb 61.84 53.52 61.89 61.38 62.33 62.75 65.03 60.37 63.65

15 Feb 63.41 53.88 64.35 63.21 63.59 63.55 65.82 61.78 65.18

22 Feb 66.65 56.70 67.88 66.52 66.77 66.61 68.87 65.12 68.43

01 Mar 64.58 56.16 66.59 63.98 65.86 66.56 68.94 66.41

08 Mar 64.28 56.42 66.84 63.58 65.82 66.25 68.33 66.45

15 Mar 65.89 57.81 67.94 65.34 67.39 67.44 69.42 67.86

22 Mar 67.38 59.29 68.43 67.01 67.66 68.03 70.03 69.37

29 Mar 67.39 59.50 68.02 66.93 66.93 67.47 69.54 69.25

Crude Oil Price Movement 2018-2019

Brent, WTI & OPEC Basket ($/b)