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Key Price Index

May 13, 2020

Brent Spot Price

Brent crude oil prices averaged US$32/barrel in Mar’20, a decline of US$24/barrel from the average prices in Feb’20. This was the lowest monthly average since Jan’16. EIA expects prices to average US$23/barrel in Q2’20.

Henry Hub Spot Price

Henry Hub spot prices averaged US$1.74/MMBtu in Mar’20. EIA forecasts that Henry Hub spot prices will average US$2.11/MMBtu in 2020