Prices

• Date: 01 October 2017
• Published date: 01 October 2017
• DOI: http://doi.org/10.1111/oet.9_12414

OIL AND ENERGY TRENDS, OCTOBER 2017

42 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 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

Aug 51.58 48.44 51.74 51.13 50.32 50.27 52.48 52.39

Values as of:

2017 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

04 Aug 52.05 49.51 52.13 51.71 50.62 50.33 52.53 52.69

11 Aug 51.89 49.11 51.98 51.72 50.89 50.87 52.90 52.67

18 Aug 50.46 47.50 50.99 50.13 49.41 49.49 51.51 51.38

25 Aug 51.91 47.62 51.87 50.94 50.35 50.40 52.98 52.83

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

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

Brent WTI OPEC Basket