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Posted: 09/01/2017

Heating Oil Price Key Market Information December 2016

Heating Oil Price Key Market Information December 2016

Oil Market, Exchange Rate, and Heating Oil Price Information December 2016

 

Brent Crude Dated ($ per Barrel)

Price at Start of Month: $52.50                Price at End of Month: $54.80

Highest Price in Month: $55.46                Lowest Price in Month: $51.85

Pound £ to US Dollar Rate $ Exchange Rate FT:

Start of Month: 1.262                               End of Month: 1.224

Kerosene (Heating Oil) Cargo Price $ per tonne

Start of Month: $498.75                           End of Month: $517.75

Highest Price in Month: $517.75              Lowest Price in Month: $491.75

Resulting in a Heating Oil Price (Pence Per Litre) Monthly range: 3.12 ppl

Oil Market commentary & Market Data available from the BBC.co.uk

Conflicting Oil Market news articles in the last few weeks:

In Money Week: Opec strikes a deal.

Business Insider: Last prices of the Year

BBC: Fuel prices hit 18-month high, after Opec production cuts

Telegraph Personal Finance: Heating oil prices up by 70%