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Posted: 04/09/2020

Oil Market, Exchange Rate and Heating Oil Price Information August 2020

Oil Market, Exchange Rate and Heating Oil Price Information August 2020

Goff Heating Oil Market Price Information

Oil Market, Exchange Rate and Heating Oil Price Information August 2020.

Brent Crude Dated ($ per Barrel)

Price at Start of Month: $42.95                   Price at End of Month: $48.94

Highest Price in Month: $48.94                   Lowest Price in Month: $42.95

Pound £ to US Dollar Rate $ Exchange Rate FT:

Start of Month: 1.3135                                   End of Month: 1.3448

Kerosene (Heating Oil) Cargo Price $ per tonne        

Start of Month: $347.25                                                 End of Month: $337.50

Highest Price in Month: $353.25                                 Lowest Price in Month: $330.00

Resulting in a Heating Oil Price (Pence Per Litre) Monthly range: 2.11 ppl

 

Market Commentary:

Oil market treads rebalancing tightrope as demand recovery falters

By S & P Global Platts

 

Source: S & P Global Platts

Additional Oil Market commentary & Market Data available from the BBC here: Market Data

The Office for National Statistics record the price of heating oil and publish monthly updates on the average delivered cost of a domestic delivery of 1000 litres of kerosene in the UK . The information held by the ONS is freely available online and can be found here:  ONS Price of heating oil