Heating Oil Price Key Market Information March 2017

Brent Crude Dated ($ per Barrel)

Price at Start of Month: $55.32                Price at End of Month: $52.10

Highest Price in Month: $55.32                Lowest Price in Month: $49.16

Pound £ to US Dollar Rate $ Exchange Rate FT:

Start of Month: 1.23.2                               End of Month: 1.251

Kerosene (Heating Oil) Cargo Price $ per tonne

Start of Month: $526.75                                           End of Month: $502.25

Highest Price in Month: $526.75                            Lowest Price in Month: $474.00

Resulting in a Heating Oil Price (Pence Per Litre) Monthly range: 3.67 ppl

Interesting Articles on oilprice.com this month

7^th March 17 OPEC Sends Mixed Signals About Output Cut Extension

http://oilprice.com/Energy/Energy-General/OPEC-Sends-Mixed-Signals-About-Output-Cut-Extension.html

9^th March 17 Is The Oil Price Plunge A Turning Point?

http://oilprice.com/Energy/Energy-General/Is-The-Oil-Price-Plunge-A-Turning-Point.html

10^th Mar 17 How Much Further Can Oil Prices Fall?

http://oilprice.com/Energy/Energy-General/How-Much-Further-Can-Oil-Prices-Fall.html

21st Mar 17 U.S. supply concerns keep oil prices under pressure

http://www.reuters.com/article/us-global-oil-idUSKBN16R017

Oil Market commentary & Market Data available from:

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