Prices

• Date: 01 December 2019
• Published date: 01 December 2019
• DOI: http://doi.org/10.1111/oet.9_12600

OIL AND ENERGY TRENDS, DECEMBER 2019

40 PRICES

PRICES

OIL AND ENERGY TRENDS, DECEMBER 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 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 60.78 66.74

Jul 64.18 57.48 65.21 62.54 63.21 64.59 67.49 66.45

Aug 59.52 55.20 61.08 59.21 59.58 61.09 65.08 58.76 61.55

Sep 62.87 57.04 63.34 60.19 61.13 62.83 66.81 65.37

Oct 59.68 53.76 62.13 57.76 59.19 60.91 65.75 61.12

Values as of:

2019 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

02 Aug 62.64 56.62 64.10 62.96 62.80 64.40 68.29 61.88 64.34

09 Aug 57.54 53.29 59.53 57.49 58.26 59.68 63.33 56.91 59.07

16 Aug 58.31 55.32 60.33 57.70 58.47 59.72 63.52 57.73 60.25

23 Aug 59.48 55.52 60.80 58.82 59.46 61.15 65.16 58.75 61.80

30 Aug 59.63 55.23 60.62 59.10 58.91 60.50 65.12 58.54 62.27

06 Sep 60.26 55.76 61.40 58.27 57.70 59.43 62.92 62.29

13 Sep 62.68 56.19 62.39 57.13 59.89 61.73 64.58 65.23

20 Sep 65.45 59.31 65.80 64.58 64.45 65.95 70.27 68.16

27 Sep 63.07 56.89 63.78 60.78 62.47 64.20 69.45 65.78

04 Oct 59.12 53.12 60.37 56.79 58.80 60.42 64.93 61.73

11 Oct 59.63 53.24 61.42 57.39 58.43 60.20 64.71 61.30

18 Oct 59.34 53.49 62.83 57.32 59.43 60.99 66.13 59.77

25 Oct 60.62 55.17 63.88 59.52 60.08 62.02 67.21 61.67

Crude Oil Price Movement 2018-2019

Brent, WTI & OPEC Basket ($/b)