Economic Report 2016 - Oil & Gas UK
Figure 1: Monthly Oil and Gas Prices
1
140
2
120
100
3
80
60
4
40 Nominal Price ($/boe)
Dated Brent NBP Month Ahead
20
5
0
2008 2009 2010 2011 2012 2013 2014 2015 2016
6
Source: Argus Media, ICIS Heren
7
Figure 2: Brent Futures Curves
120
End 2013 20 January 2016 (market low) September 2016 (current)
8
100
80
9
60
10
40
Brent Futures ($/bbl)
20
11
0
2014
2015
2016
2017
2018
2019
2020
2021
Source: Intercontinental Exchange
11
Made with FlippingBook Learn more on our blog