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Key Price Index

May 7, 2021

Brent Spot Price

Brent crude oil spot prices averaged US$65/barrel in Mar’21, US$3/barrel higher from the average in Feb’21 and up US$33/barrel from monthly average price in Mar’20. EIA forecasts Brent prices to average US$65/barrel during Q2 2021, US$61/barrel in H2 2021, and US$60/barrel in 2022.

Henry Hub Spot Price

Henry Hub Natural Gas spot price averaged US$2.62/MMBtu in Mar’21. EIA expects prices to average US$2.73/MMBtu in Q2 2021 and US$3.04/MMBtu in 2021.