Heating Oil Price Key Market Information January 2018
Oil Market, Exchange Rate, and Heating Oil Price Information Jan 2018
Brent Crude Dated ($ per Barrel)
Price at Start of Month: $66.55 Price at End of Month: $68.15
Highest Price in Month: $70.79 Lowest Price in Month: $66.55
Pound £ to US Dollar Rate $ Exchange Rate FT:
Start of Month: 1.358 End of Month: 1.422
Kerosene (Heating Oil) Cargo Price $ per tonne
Start of Month: $638.20 End of Month: $661.25
Highest Price in Month: $674.75 Lowest Price in Month: $638.20
Resulting in a Heating Oil Price (Pence Per Litre) Monthly range: 1.95 ppl
Although January experienced an increase in the cost of crude to it's highest level since December 2014, the weakening of the US Dollar $, soften the extent of the increases in pence per litre terms.
Oil Market commentary & Market Data available from:
http://www.bbc.co.uk/news/business/market_data/commodities/default.stm