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