Brent oil price fell by 4.2%

WTI Spot oil price declined yesterday by 2.57%; it settled at $85.70 per barrel; Brent spot price also sharply decreased by 2.42% to $111.61 per barrel; during September the WTI spot oil price declined by 3.5% and Brent oil price fell by 4.2%.

Due to these changes, the difference between Brent and WTI sharply inclined to $25.15/bbl.

Natural gas Henry Hub future price (October delivery) slightly inclined by 0.52% to $3.83/mmbtu. The Henry Hub spot price declined by 1.56% to $3.78/mmbtu; the gap between the spot and future price sharply rose to $0.05, i.e. contango. During September, natural gas spot price (Henry Hub) fell by 4.8%.