Prices

• DOI: http://doi.org/10.1111/oet.9_12594
• Published date: 01 September 2019
• Date: 01 September 2019

OIL AND ENERGY TRENDS, SEPTEMBER 2019

40 PRICES

PRICES

OIL AND ENERGY TRENDS, SEPTEMBER 2019

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 39 40 32 32 31 34 35 31 33

Monthly Averages:

2018 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 54.92 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 65.16

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 66.74

Jul 64.18 57.48 65.21 62.54 63.21 64.59 67.49 66.45

Values as of:

2019 05 Apr 69.57 62.36 70.16 69.81 68.77 68.90 71.08 71.48

12 Apr 71.27 64.09 71.55 71.47 70.34 70.80 72.66 73.23

19 Apr 70.99 63.80 71.62 70.83 70.76 71.26 73.99 72.72

26 Apr 73.23 65.33 73.30 73.57 73.74 77.24 77.24 75.05

03 May 71.66 62.95 71.07 72.25 71.02 72.67 75.75 70.81 73.68

10 May 71.03 61.83 70.23 67.84 69.59 70.81 73.20 70.16 73.27

17 May 73.40 62.09 71.01 73.49 71.10 72.18 74.31 72.40 75.67

24 May 70.91 60.71 69.67 70.20 69.69 72.46 74.97 69.84 73.28

31 May 68.39 57.01 66.36 68.32 61.85 68.24 71.43 66.93 71.82

07 Jun 63.22 53.00 62.03 61.86 60.18 60.96 64.81 65.70

14 Jun 63.38 52.49 61.70 61.42 60.64 61.28 64.60 65.68

21 Jun 63.82 54.70 63.26 61.82 61.72 61.29 64.34 66.51

28 Jun 65.96 58.52 66.02 64.38 64.18 64.62 68.00 69.06

05 Jul 63.80 57.56 64.97 61.87 62.45 64.03 66.85 66.26

12 Jul 66.09 59.27 66.76 63.98 64.31 64.39 67.20 68.46

19 Jul 63.81 56.98 64.57 61.63 63.32 65.66 68.17 66.03

26 Jul 63.02 56.11 64.55 62.66 62.76 64.26 67.72 65.06

Crude Oil Price Movement 2018-2019

Brent, WTI & OPEC Basket ($/b)