Prices

• Published date: 01 February 2017
• Date: 01 February 2017
• DOI: http://doi.org/10.1111/oet.9_12398

OIL AND ENERGY TRENDS, FEBRUARY 2017

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:

2015 Dec 38.69 37.43 38.19 36.13 35.22 36.58 39.85 38.51

2016 Jan 31.82 32.56 31.75 28.94 27.87 29.44 32.53 28.60 32.56

Feb 32.32 30.28 31.69 29.31 28.98 30.97 38.72 29.02 32.69

Mar 38.44 37.53 38.66 35.82 34.89 36.23 40.37 35.09 38.99

Apr 40.96 40.61 41.74 38.18 38.47 39.27 41.22 41.85 41.61

May 46.60 46.62 46.95 43.88 44.03 44.20 46.91 47.45

Jun 48.57 48.88 47.97 46.09 46.37 46.64 48.89 45.14 49.65

Jul 45.48 45.29 45.01 43.15 43.02 43.99 45.11 46.63

Aug 45.65 44.56 44.51 43.30 43.31 43.57 45.70 42.11 47.28

Sep 46.67 45.33 44.83 43.90 43.59 43.86 46.11 42.78 48.49

Oct 49.82 50.04 49.92 47.10 49.06 48.70 51.60 50.52

Nov 44.85 45.56 46.42 42.61 43.99 44.27 47.31 41.83 45.29

Dec 52.99 51.53 53.21 50.56 51.22 51.35 53.40 53.40

Values as of:

2016 02 Sep 46.17 45.13 44.30 43.81 44.31 44.62 46.99 42.25 48.82

09 Sep 47.48 45.96 45.12 44.93 44.36 44.51 46.47 43.46 49.51

16 Sep 46.50 44.34 44.12 43.63 42.88 43.17 45.76 42.52 48.02

23 Sep 46.58 44.46 44.44 43.45 42.92 43.37 45.60 42.65 47.88

30 Sep 46.63 46.74 46.19 43.70 43.47 43.63 45.71 43.03 48.20

07 Oct 49.50 49.52 49.04 46.55 48.69 47.62 50.02 50.75

14 Oct 50.24 50.62 50.47 47.12 49.58 49.27 52.12 50.79

21 Oct 50.40 50.56 50.60 47.85 49.36 49.37 52.24 50.97

28 Oct 49.13 49.45 49.57 46.89 48.60 48.52 52.02 49.56

04 Nov 44.76 45.52 45.62 42.71 44.67 45.97 49.22 41.72 45.28

11 Nov 43.39 44.64 45.14 41.12 42.91 42.94 46.08 40.28 43.81

18 Nov 44.10 45.16 45.99 42.00 42.73 42.93 46.06 41.18 44.77

25 Nov 47.14 46.91 48.94 44.60 45.65 45.23 47.87 44.13 47.29

02 Dec 49.48 48.90 49.89 47.06 46.49 46.93 49.60 49.57

09 Dec 52.42 50.97 52.39 50.46 51.19 51.34 54.03 53.10

16 Dec 53.62 51.93 54.09 51.01 52.54 52.74 55.49 53.92

23 Dec 54.22 51.99 54.34 51.58 52.29 52.60 51.58 54.61

30 Dec 55.20 53.86 55.35 52.70 53.57 53.16 56.31 55.78

Crude Oil Price Movement 2015-2016

Brent, WTI & OPEC Basket ($/b)

20.00

30.00

40.00

50.00

60.00

70.00

80.00

90.00

100.00

110.00

120.00

Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Brent WTI OPEC Basket