Key Price Index

January 8, 2021

Brent Spot Price

The spot price of Brent averaged US$43/barrel in Nov’20, up US$3/barrel from the average in Oct’20 but US$20/barrel lower than in Nov’19. EIA has forecasted Brent spot prices to average US$49/barrel in 2021

Henry Hub Spot Price

Henry Hub spot prices averaged US$2.61/MMBtu in Nov’20, up from the October average of US$2.39/MMBtu. EIA forecasts that Henry Hub Natural Gas spot prices to average US$3.01/MMBtu in 2021.