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Key Price Index

September 11, 2020

Brent Spot Price

Brent crude oil spot prices averaged US$43/barrel in Jul’20, US$3/barrel higher from the average in June and up US$25/barrel from the multiyear low monthly average price in Apr’20. EIA forecasts the prices to average US$43/barrel during H2 2020 and rise to US$50/barrel in 2021.

Henry Hub Spot Price

Henry Hub Natural Gas spot price averaged US$1.77/MMBtu in Jul’20. EIA expects prices to rise from US$2.11/MMBtu in Sep’20 to US$3.14/MMBtu in Feb’21.

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