MARKET METRICS Tue., Dec. 14, 2010 | Crude Oil | Opec Basket | 87.96 | +0.31 | ($/bbl) | ICE Brent | 91.21 | +0.02 | | Nymex Lt Swt | 88.28 | -0.33 | Products | Nymex (¢/gal) | | Gasoline | 229.64 | -2.20 | | Heating Oil | 246.79 | +0.27 | | ICE ($/ton) | | Gas Oil | 765.25 | -1.75 | Natural Gas | New York | 17.15 | -0.97 | Spot Prices | Henry, LA | 4.35 | -0.24 | ($/MMBtu) | Katy, Texas | 4.24 | -0.22 | | AECO, Canada | 3.81 | -0.09 |
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The good news is that the desperately cold winter seem to have minimal effect on oil price right now, maybe all the cold-weather push on price has spent it force.
But then again we are at least two months away from any likely improvement in European and US weather.
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