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%