Key Price Index

January 8, 2020

Brent Spot

Average Brent crude oil spot prices in Nov’19 surged US$3/bbl from Oct’19 and reached US$63. EIA estimates Brent prices to average around US$ 61/bbl in 2020, down from a 2019 average of US$64/bbl.

Henry Hub Spot

Henry Hub natural gas spot price averaged US$2.64/MMBtu in Nov’19, up 31 cents/MMBtu from Oct’19. EIA expects Henry Hub prices to average around US$2.45/MMBtu in 2020, down 14 cents/MMBtu from the 2019 average