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Posted August 21, 2014Today in Energy

Average Brent crude oil prices trade within $5 range for 13 months in a row ›

Brent crude oil spot prices averaged $107 per barrel (bbl) in July, marking the 13th consecutive month in which average Brent crude oil prices were between $107/bbl and $112/bbl. Although supply growth from non-OPEC countries has outpaced world consumption in the past year, its potential price-reducing effect has been offset by unplanned supply outages among producers in the Organization of the Petroleum Exporting Countries (OPEC). More

Source: U.S. Energy Information Administration


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Data Highlights

WTI crude oil futures price

8/20/2014: $96.07/bbl

down$1.52 from week earlier
down$8.89 from year earlier

Natural gas futures price

8/20/2014: $3.823/mmBtu

down$0.008 from week earlier
up$0.379 from year earlier

Weekly coal production

8/16/2014: 19.631 million tons

up0.457 million tons from week earlier
down0.626 million tons from year earlier

Natural gas inventories

8/15/2014: 2,555 Bcf

up88 Bcf from week earlier
down500 Bcf from year earlier

Crude oil inventories

8/15/2014: 362.5 mmbbl

down4.5 mmbbl from week earlier
up3.5 mmbbl from year earlier


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