Key Price Index

July 12, 2020

Brent Spot Price

Brent prices averaged US$29/barrel in May’20, up US$11/barrel from the average in April’20. EIA estimates Brent prices to average around US$37/bbl in H2 2020 and rise to an average of US$49/barrel in 2021.

Henry Hub Spot Price

Henry Hub prices averaged US$1.75/MMBtu in May’20. Prices are expected to average US$2.04/MMBtu in 2020 and US$3.08/MMBtu in 2021.