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Posted: 03/03/2016

Heating Oil Key Market Information February 2016

Heating Oil Key Market Information February 2016

Heating Oil Price Key Market Information February 2016

Brent Crude Dated ($ per Barrel)

Price at Start of Month: $33.12                Price at End of Month: $35.79

Highest Price in Month: $36.14                Lowest Price in Month: $28.66

Pound £ to US Dollar Rate $ Exchange Rate FT:

Start of Month: 1.44                                   End of Month: 1.39

Kerosene (Heating Oil) Cargo Price $ per tonne

Start of Month: $333.75                                           End of Month: $349.00

Highest Price in Month: $349.00                             Lowest Price in Month: $327.00

Resulting in a Heating Oil Price (Pence Per Litre) Monthly range: 3.50 ppl

Market Data available from:

http://www.bbc.co.uk/news/business/market_data/commodities/default.stm

Very Mixed Month of Oil Market news articles:

Oil falls despite Russian output deal

http://www.bbc.co.uk/news/business-35564492

How lower crude prices are hurting oil-rich Nigeria

http://www.bbc.co.uk/news/business-35613731

Oil prices have reversed losses following a confirmation of a meeting between big oil producers in March.

http://www.bbc.co.uk/news/business-35665211

Where will the oil price go from here?

http://www.bbc.co.uk/news/business-35629420