Prices

• Published date: 01 September 2015
• DOI: http://doi.org/10.1111/oet.9_12276
• Date: 01 September 2015

OIL AND ENERGY TRENDS, SEPTEMBER 2015

40 PRICES

Table 14.1 Spot Crude Oil Prices

($/b FOB port of shipment)

Country: UK US US Russia Dubai Oman Indonesia Egypt Nigeria

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

ºAPI 394032323134363133

Monthly Averages:

2014 Jul 107.02 103.59 107.89 104.76 106.39 106.43 106.54 103.41 108.36

Aug 102.26 96.98 101.97 100.87 102.34 103.18 101.85 99.34 103.32

Sep 97.50 93.32 95.90 95.76 96.69 98.61 96.46 93.48 98.69

Oct 88.04 85.11 85.51 84.65 87.25 88.16 84.46 83.91 89.40

Nov 78.90 76.12 77.62 77.67 76.33 78.29 75.92 75.58 80.33

Dec 63.10 60.04 61.40 61.13 60.91 62.52 59.95 58.72 63.77

2015 Jan 49.18 48.19 50.08 47.17 46.90 49.11 46.37 44.07 49.53

Feb 58.13 50.71 53.92 56.73 55.76 56.87 55.90 54.70 59.23

Mar 56.10 47.73 52.99 53.97 54.79 55.95 54.11 52.05 57.67

Apr 58.03 52.81 57.11 56.10 57.05 58.01 58.55 57.07 59.12

May 64.15 59.05 64.09 62.60 63.29 64.13 62.96 61.26 64.68

Jun 61.81 59.91 64.81 60.05 61.97 62.86 62.21

Jul 56.85 51.81 57.19 55.58 56.49 56.56 57.55

Values as of:

2015 03 Apr 54.52 48.86 53.33 52.11 53.72 54.65 52.77 51.07 55.72

10 Apr 56.77 51.84 55.84 54.77 55.13 56.10 54.30 53.66 58.08

17 Apr 59.15 54.68 59.11 57.44 58.83 59.55 59.01 56.06 60.25

24 Apr 61.68 55.86 60.14 60.09 60.53 61.72 61.17 59.61 62.44

01 May 63.73 58.25 62.76 62.59 62.21 63.86 62.99 61.36 64.36

08 May 65.40 59.73 65.63 63.79 65.12 65.97 64.28 62.30 65.80

15 May 65.15 59.96 65.76 63.77 64.19 64.87 63.85 62.47 65.71

22 May 64.46 58.88 64.40 62.75 63.14 63.87 62.86 61.35 64.81

29 May 62.01 58.42 61.88 60.09 61.78 62.08 60.84 58.81 62.70

05 Jun 61.90 59.69 64.60 60.43 61.98 62.87 62.45

12 Jun 62.98 60.01 65.28 61.56 62.53 63.19 63.95

19 Jun 61.37 59.92 64.91 58.91 61.85 62.84 61.24

26 Jun 61.00 60.00 64.46 59.30 61.51 62.55 61.18

03 Jul 60.63 57.97 62.20 59.31 60.71 61.42 60.65

10 Jul 56.60 52.54 57.18 55.86 57.12 57.10 57.26

17 Jul 57.27 51.62 56.73 55.72 56.40 56.52 58.02

24 Jul 55.91 49.11 55.53 54.32 55.21 55.24 56.60

31 Jul 53.84 47.82 54.31 52.70 53.03 52.51 55.23

Crude Oil Price Movement 2014-2015

Brent, WTI & OPEC Basket ($/b)