Prices

• DOI: http://doi.org/10.1111/oet.9_12412
• Published date: 01 September 2017
• Date: 01 September 2017

OIL AND ENERGY TRENDS, SEPTEMBER 2017

38 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

A

NS Urals Dubai Oman ESPO Suez Bl Bonny Lt

ºAPI 394032323134353133

Monthly Averages:

2016 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

2017 Jan 54.63 52.50 54.53 52.58 53.78 53.65 57.15 51.69 55.11

Feb 55.17 53.29 55.00 52.87 54.31 54.72 57.56 55.54

Mar 51.82 49.94 52.43 49.46 51.51 52.08 53.76 48.54 52.39

Apr 52.63 51.17 53.79 50.25 52.39 52.79 53.95 53.01

May 50.38 48.45 51.02 48.65 50.43 50.52 51.66 47.24 51.17

Jun 46.92 41.61 47.94 45.69 46.91 46.64 47.75 47.39

Jul 48.41 46.29 48.90 47.55 47.43 47.16 48.57 48.74

Values as of:

2017 07 Apr 53.30 51.27 53.61 51.08 52.46 52.50 53.36 53.78

14 Apr 54.86 53.19 55.94 52.48 54.25 54.73 55.83 55.29

21 Apr 52.06 51.01 53.76 49.43 52.50 53.01 54.28 52.60

28 Apr 50.29 49.20 51.84 48.02 50.35 50.90 52.33 50.37

05 May 48.44 47.21 49.79 46.69 49.33 49.53 50.92 45.39 49.63

12 May 48.49 47.06 49.60 46.50 49.02 48.91 50.05 45.18 48.94

19 May 51.75 49.25 51.86 50.39 51.08 51.06 52.19 48.70 52.67

26 May 52.82 50.29 52.83 51.03 52.28 52.58 53.49 49.68 53.43

02 Jun 49.70 48.50 50.59 48.55 49.92 49.81 50.85 50.84

09 Jun 47.41 46.56 48.58 45.97 47.72 47.61 48.69 47.84

16 Jun 46.33 45.29 47.62 44.99 46.47 46.45 47.55 46.65

23 Jun 44.83 23.02 45.66 43.70 44.66 44.38 45.52 45.07

30 Jun 46.35 44.67 47.27 45.23 45.80 44.97 46.12 46.56

07 Jul 48.20 44.96 47.43 47.33 47.49 47.32 48.55 48.50

14 Jul 47.25 45.51 48.13 46.33 46.10 45.83 47.16 47.59

21 Jul 48.20 46.39 49.14 47.25 47.76 47.55 48.85 48.42

28 Jul 49.97 48.29 50.90 49.28 48.37 47.95 49.71 50.44

Crude Oil Price Movement 2016-2017

Brent, WTI & OPEC Basket ($/b)