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The average monthly Brent crude price was up slightly during the month of August whilst the average global bunker price dipped during the same period, according to Bunker Index (BIX) and Intercontinental Exchange (ICE) price data.

The Brent settlement average increased by $0.67 per barrel, or 1.4 percent, to $47.16 per barrel in August. During the same period, the BIX global bunker average was down $6.84 per tonne, or 1.6 percent, to $407.98 per tonne.

In an analysis of the last 12 months, since August 2015, the Brent monthly average has fallen $1.05 per barrel, or 2.2 percent, from $48.21 to $47.16 per barrel, whilst the BIX monthly global average has declined by a more significant $41.01 per tonne, or 9.1 percent, from $448.99 to $407.98 per tonne.

Please find below tables of monthly WTI crude settlement averages and BIX global bunker averages between January 2015 and August 2016.

Month	Brent Average($/bbl)	+/-($)	+/-(%)
Aug 2016	47.16	+0.67	+1.44
Jul 2016	46.49	-3.44	-6.89
Jun 2016	49.93	+2.28	+4.78
May 2016	47.65	+4.35	+10.05
Apr 2016	43.30	+3.48	+8.74
Mar 2016	39.82	+6.29	+18.76
Feb 2016	33.53	+1.61	+5.04
Jan 2016	31.92	-6.98	-17.94
Dec 2015	38.90	-7.03	-15.31
Nov 2015	45.93	-3.41	-6.91
Oct 2015	49.34	+0.80	+1.65
Sep 2015	48.54	+0.33	+0.68
Aug 2015	48.21	-8.53	-15.03
Jul 2015	56.74	-7.01	-11.00
Jun 2015	63.75	-1.86	-2.83
May 2015	65.61	+4.33	+7.07
Apr 2015	61.28	+4.34	+7.62
Mar 2015	56.94	-1.86	-3.16
Feb 2015	58.80	+9.04	+18.17
Jan 2015	49.76	-13.51	-21.35

Month	BIX Average ($/mt)	+/-($)	+/-(%)
Aug 2016	407.98	-6.84	-1.65
Jul 2016	414.82	-0.42	-0.10
Jun 2016	415.24	+23.20	+5.92
May 2016	392.04	+30.14	+8.33
Apr 2016	361.90	+9.85	+2.80
Mar 2016	352.05	+13.26	+3.91
Feb 2016	338.79	-4.04	-1.18
Jan 2016	342.83	-34.20	-9.10
Dec 2015	377.03	-42.34	-10.10
Nov 2015	419.37	-15.50	-3.56
Oct 2015	434.87	-3.03	-0.70
Sep 2015	437.90	-11.09	-2.50
Aug 2015	448.99	-49.77	-9.98
Jul 2015	498.76	-36.76	-6.86
Jun 2015	535.52	-8.48	-1.56
May 2015	544.00	+30.94	+6.03
Apr 2015	513.06	+0.31	+0.06
Mar 2015	512.75	-5.65	-1.09
Feb 2015	518.40	+23.79	+4.80
Jan 2015	494.61	-65.54	-11.70