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Posted: 09/03/2017

Heating Oil Price Key Market Information February 2017

Heating Oil Price Key Market Information February 2017

Heating Oil Price Key Market Information February 2017

Oil Market, Exchange Rate, and Heating Oil Price Information February 2017

 

Brent Crude Dated ($ per Barrel)

Price at Start of Month: $55.85                Price at End of Month: $55.32

Highest Price in Month: $56.35                Lowest Price in Month: $53.99

Pound £ to US Dollar Rate $ Exchange Rate FT:

Start of Month: 1.258                                 End of Month: 1.232

Kerosene (Heating Oil) Cargo Price $ per tonne

Start of Month: $528.50                                           End of Month: $521.25

Highest Price in Month: $535.75                            Lowest Price in Month: $517.50

Resulting in a Heating Oil Price (Pence Per Litre) Monthly range: 1.47 ppl

One of the smallest Heating oil price ranges for a while.

Interesting Articles on oilprice.com this month

14th Feb  - A bloodbath looms over the oil markets.

24th Feb - Is OPEC Lying to the Oil Markets?

Oil Market commentary & Market Data available from:

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