Key Price Index

July 9, 2021

Brent Spot Price

Brent crude oil spot prices averaged US$68/barrel in May’21, up US$4/barrel from Apr’21. EIA expects Brent prices to remain near current levels in Q3’21, averaging US$68/barrels. They are expected to decline to an average of US$60/barrel in 2022.

Henry Hub Spot Price

Henry Hub Natural Gas spot price averaged US$2.91/MMBtu in May’21, up from US$2.66/MMBtu in the previous month. The Henry Hub spot pricis expected to average US$2.92/MMBtu in Q3’21 and US$3.07/MMBtu for all of 2021.