Prices

• Date: 01 August 2017
• DOI: http://doi.org/10.1111/oet.9_12410
• Published date: 01 August 2017

OIL AND ENERGY TRENDS, AUGUST 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:

2016 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

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 51.17

Jun 46.92 41.61 47.42 45.69 46.91 46.64 47.75 47.39

Values as of:

2017 03 Mar 54.59 53.57 55.42 52.31 54.78 55.16 57.33 51.85 55.21

10 Mar 52.94 50.88 53.04 50.73 53.22 53.91 55.90 49.88 53.38

17 Mar 50.20 48.50 51.39 48.10 50.12 50.75 52.91 46.83 50.89

24 Mar 50.10 47.43 50.58 47.57 49.52 50.28 51.45 46.46 50.66

31 Mar 51.28 49.31 51.71 48.60 49.92 50.28 51.23 47.67 51.83

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 49.63

12 May 48.49 47.06 49.60 46.50 49.02 48.91 50.05 48.94

19 May 51.75 49.25 51.86 50.39 51.08 51.06 52.19 52.67

26 May 52.82 50.29 52.83 51.03 52.28 52.58 53.49 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 44.67 45.23 45.80 44.97 46.12 46.56

Crude Oil Price Movement 2016-2017

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

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

Brent WTI OPEC Basket