Key Price Index

February 7, 2020

Brent Spot Price

The spot price of Brent averaged US$67/barrel in Dec’19, up US$4/barrel from the average in Nov’19 and US$10/barrel higher than in Dec’18. EIA has forecasted Brent spot prices to average US$65/barrel in 2020 and US$68/barrel in 2021.

Henry Hub Spot Price

Henry Hub spot prices averaged US$2.57/MMBtu in 2019, down 59 cents/MMBtu from 2018 levels. EIA forecasts that Henry Hub natural gas spot prices will average US$2.33/MMBtu in 2020 and US$2.54/MMBtu in 2021.