Key Price Index

April 7, 2020

Brent Spot Price

The average Brent prices declined by US$8/barrel M-o-M in Feb’20 to reach US$55.7. EIA forecasts Brent crude oil prices will average US$43/barrel in 2020, down from an average of US$64/barrel in 2019

Henry Hub Spot Price

Henry Hub spot prices averaged US$1.91/MMBtu in Feb’20. Warmer-than-normal temperatures in February reduced demand for space heating and put downward pressure on prices. EIA forecasts that Henry Hub spot prices will average US$2.11/MMBtu in 2020