Newsletter

Key Price Index

April 13, 2021

Brent Spot Price

The spot price of Brent averaged US$62/barrel in Feb’21, up US$8/barrel from the average in Jan’21. EIA has forecasted Brent prices will average between US$65-$70/barrel during March and April and average US$58/barrel in the second half of 2021.

Henry Hub Spot Price

Henry Hub spot prices averaged US$5.35/MMBtu, up from the January average of US$2.71/MMBtu and the highest nominal monthly average Henry Hub spot price since Feb’14. EIA expects that Henry Hub spot prices will average US$3.14/MMBtu in 2021