Jul 29th - WTI Settlement price information

Oil above $95....every day above $70 is a great day!

Jul 29th WTI settled at $98.62 (Front month September 2022)

September 2022 front month contracts expires August 22nd, 2022.

September 2022 front month contracts 27.3% complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $108.08 for the quarter) 74.5% Complete

(Avg Spot Rate $101.07 for the quarter) 29.0% Complete

4th Quarter 2022 WTI Pricing

(Avg Front Month Settlement $xxx.xx for the quarter) 0% Complete

(Avg Spot Rate $xxx.xx for the quarter) 0% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.86* avg $101.88** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $108.08* avg $101.07* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 27th - WTI Settlement price information

Oil above $90....every day above $70 is a great day!

Jul 27th WTI settled at $97.26 (Front month September 2022)

September 2022 front month contracts expires August 22nd, 2022.

September 2022 front month contracts 21.2% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $108.36 for the quarter) 72.3% Complete

(Avg Spot Rate $100.79 for the quarter) 26.1% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.85* avg $100.79** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $108.36* avg $100.79* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

July 27th...EIA Report. Massive 14M Net draw (including SPR)

 Net draw including SPR draw -14.215M

Crude -4.523M 

SPR -5.604M

Gas -3.304M 

Dist -0.784M 

Cush +0.751M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production dropped from prior week 12.1 vs 11.9 last week

Imports 6.164

Exports 4.548

US crude inventories fell by 10.127mb last week (commercial -4.523mb, SPR -5.604mb)

Updated July 7th

Crude Stock 89.6% of 5 yr average

Gas stock 91.8% of 5 yr average

Dis stock 77.7% of 5 yr average

Updated July 27th

Updated July 13th

SPR 485!

Jul 26th - WTI Settlement price information

 Oil above $90....every day above $70 is a great day!

Jul 26th WTI settled at $94.98 (Front month September 2022)

September 2022 front month contracts expires August 22nd, 2022.

September 2022 front month contracts 18.2% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $108.49 for the quarter) 71.3% Complete

(Avg Spot Rate $101.00 for the quarter) 24.6% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.84* avg $101.89** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $108.49* avg $101.00* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 25th - WTI Settlement price information

Oil above $95....every day above $70 is a great day!

Jul 25th WTI settled at $96.78 (Front month September 2022)

September 2022 front month contracts expires August 22nd, 2022.

September 2022 front month contracts 15.2% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $108.72 for the quarter) 70.2% Complete

(Avg Spot Rate $101.37 for the quarter) 23.2% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.86* avg $101.93** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $108.72* avg $101.37* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

SPR draw down 5.6m from last week.

Last week US SPR crude inventories fell by 5.6mb w/w to 474.5mb

Sour -5.6mb to 239m5mb

Sweet unchanged at 235mb

Keep draining!

Wait for EIA. 

Jul 22nd - WTI Settlement price information

 Oil above $90....every day above $70 is a great day!

Jul 22nd WTI settled at $94.70 (Front month September 2022)

September 2022 front month contracts expires August 22nd, 2022.

September 2022 front month contracts 6.1% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $109.34 for the quarter) 67.0% Complete

(Avg Spot Rate $101.68 for the quarter) 21.7% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.87* avg $101.97** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $109.34* avg $101.68* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 21st - WTI Settlement price information

Oil above $95....every day above $70 is a great day!

Jul 21st WTI settled at $96.35 (Front month September 2022)

September 2022 front month contracts expires August 22nd, 2022.

September 2022 front month contracts 3.0% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $109.60 for the quarter) 66.0% Complete

(Avg Spot Rate $102.18 for the quarter) 20.3% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.89* avg $102.02** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $109.60* avg $102.18* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 20th - WTI Settlement price information

Oil above $100....every day above $70 is a great day!

Jul 20th WTI settled at $102.26 (Front month August 2022)

August 2022 front month contracts expired today July 20th, 2022.

August 2022 front month contracts 10.00% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $109.91 for the quarter) 64.9% Complete

(Avg Spot Rate $101.86 for the quarter) 18.8% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.92* avg $101.86** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $109.91* avg $101.99* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

July 20th...EIA Report. Net draw (including SPR)

  Net draw including SPR draw -3.241M

Crude -0.446M 

SPR -4.998M

Gas +3.498M 

Dist -1.295M 

Cush +1.143M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production dropped from prior week 11.9 vs 12.0 last week

Imports 6.519

Exports 3.759

US crude inventories fell by 5.443mb last week (commercial -0.445mb, SPR -4.998mb)

Updated July 7th

Crude Stock 89.6% of 5 yr average

Gas stock 91.8% of 5 yr average

Dis stock 77.7% of 5 yr average

Updated July 20th

Updated July 13th

SPR 485!

Jul 19th - WTI Settlement price information

Oil above $100....every day above $70 is a great day!

Jul 19th WTI settled at $104.22 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 96.6% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $110.06 for the quarter) 63.8% Complete

(Avg Spot Rate $101.83 for the quarter) 17.4% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.90* avg $101.83** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $110.06* avg $101.99* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 18th - WTI Settlement price information

 Oil above $100....every day above $70 is a great day!

Jul 18th WTI settled at $102.60 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 93.1% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $110.13 for the quarter) 62.8% Complete

(Avg Spot Rate $101.61 for the quarter) 15.9% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.86* avg $101.98** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $110.13* avg $101.61* (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

SPR draw down 5.0m from last week.

Last week's SPR change: sour -6.8mb, sweet +1.8mb, total -5.0mb

Keep draining!

Wait for EIA. 

Jul 15th - WTI Settlement price information

Oil above $95....every day above $70 is a great day!

Jul 15th WTI settled at $97.59 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 82.8% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $110.63 for the quarter) 59.6% Complete

(Avg Spot Rate $101.52 for the quarter) 14.5% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.81* avg $101.97** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $110.63* avg $101.52** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 14th - WTI Settlement price information

 Oil above $95....every day above $70 is a great day!

Jul 14th WTI settled at $95.78 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 79.3% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $110.83 for the quarter) 58.5% Complete

(Avg Spot Rate $101.95 for the quarter) 13.0% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.80* avg $102.00** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $110.83* avg $102.00** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 13th - WTI Settlement price information

 Oil above $95....every day above $70 is a great day!

Jul 13th WTI settled at $96.30 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 57.4% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $111.11 for the quarter) 57.4% Complete

(Avg Spot Rate $102.72 for the quarter) 11.6% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.81* avg $102.05** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $111.11* avg $102.72** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

July 13th...EIA Report. Net build (including SPR)

 Net build including SPR draw +4.866M

Crude +3.254M 

SPR -6.881M

Gas +5.825M 

Dist +2.668M 

Cush +0.316M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production dropped from prior week 12.0 vs 12.1 last week

Imports 6.675

Exports 3,024

US crude inventories fell by 3.627mb last week (commercial +3.254mb, SPR -6.881mb)

Updated July 7th

Crude Stock 89.6% of 5 yr average

Gas stock 91.8% of 5 yr average

Dis stock 77.7% of 5 yr average

Updated July 7th

Updated July 13th

SPR 485!

Jul 12th - WTI Settlement price information

Oil above $95....every day above $70 is a great day!

Jul 11th WTI settled at $95.84 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 56.4% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $111.38 for the quarter) 56.4% Complete

(Avg Spot Rate $102.55 for the quarter) 10.1% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.81* avg $102.04** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $111.38* avg $102.55** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

Jul 11th - WTI Settlement price information

 Oil above $100....every day above $70 is a great day!

Jul 11th WTI settled at $104.09 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 55.3% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $111.82 for the quarter) 55.3% Complete

(Avg Spot Rate $103.67 for the quarter) 8.7% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.85* avg $102.08** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $111.82* avg $103.67** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

SPR draw down 6.9m from last week.

US SPR crude inventories fell by 6.9mb w/w to 485.1mb last week

Keep draining!

Wait for EIA. 

Jul 7th - WTI Settlement price information

Oil above $100....every day above $70 is a great day!

Jul 7th WTI settled at $102.73 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 55.2% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.99 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $112.48 for the quarter) 51.1% Complete

(Avg Spot Rate $103.46 for the quarter) 5.6% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.73* avg $102.07** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $112.48* avg $103.46** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.99** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

July 7th...EIA Report. Net draw (including SPR)

Net Draw including SPR draw -1.368M

Crude +8.235M 

SPR -5.840M

Gas -2.497M 

Dist -1.266M 

Cush +0.069M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production flat to prior week 12.1 vs 12.1 last week

Imports 6.839

Exports 2.812

US crude inventories rose by 2.394mb last week (commercial +8.234mb, SPR -5.840mb)

Updated July 7th

Crude Stock 89.6% of 5 yr average

Gas stock 91.8% of 5 yr average

Dis stock 77.7% of 5 yr average

Updated July 7th

Updated June 29th

SPR below 500!

Jul 6th - WTI Settlement price information

 Oil above $95....every day above $70 is a great day!

Jul 6th WTI settled at $98.53 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 51.7% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.90 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $112.59 for the quarter) 50.0% Complete

(Avg Spot Rate $102.15 for the quarter) 4.2% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.68* avg $102.01** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $112.59* avg $102.15** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.90** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

SPR draw down 5.9m from last week.

US SPR crude inventories fell by 5.9mb w/w to 492.0mb last week

Keep draining!

Wait for EIA. 

Jul 1st - WTI Settlement price information

 Oil above $100....every day above $70 is a great day!

Jul 1st WTI settled at $108.43 (Front month August 2022)

August 2022 front month contracts expires July 20th, 2022.

August 2022 front month contracts 34.5% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $108.90 for the quarter) 100% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $113.70 for the quarter) 44.7% Complete

(Avg Spot Rate $108.43 for the quarter) 1.6% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $96.54* avg $102.01** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $113.70* avg $108.43** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $108.90** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)