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?