Azerbaijan, Baku 13 May / Trend / World oil and gas price review for 12 May is provided by Energy Intelligence Group.
| Prices for Monday, May 12, 2008 | |||||
| Crude Oil Futures -- Prompt Month ($/bbl) | |||||
| 1st | 5-Day | 2nd | 3rd | ||
| Chg. | Month | Avg. | Month | Month | |
| ICE Brent | -2.49 | 122.91 | 122.76 | 123.32 | 123.59 |
| Nymex Light Sweet | -1.73 | 124.23 | 123.85 | 124.10 | 123.86 |
| International Crudes ($/bbl) | |||||
| Spot | 5-Day | Month- | Year- | ||
| Cash/Spot | Chg. | Price | Avg. | Ago | Ago |
| Brent (Dated) | -0.65 | 122.33 | 120.73 | 108.41 | 67.09 |
| Dubai | -1.78 | 117.78 | 115.96 | 103.08 | 62.42 |
| Oman | +0.47 | 114.83 | 116.12 | 104.05 | 64.99 |
| WTI (Cushing) | -1.92 | 123.99 | 123.79 | 111.68 | 64.40 |
| Opec Basket (A) | 0.00 | 116.93 | 117.32 | 103.67 | 63.89 |
| Minas | +2.34 | 120.71 | 115.73 | 112.87 | 69.89 |
| Tapis | +2.34 | 130.66 | 126.16 | 116.02 | 74.78 |
| Forties | +3.44 | 122.33 | 118.99 | 106.24 | 67.17 |
| Oseberg | +3.04 | 124.83 | 121.65 | 110.29 | 68.52 |
| Bonny Light | -0.40 | 126.88 | 123.53 | 112.06 | 70.02 |
| Urals | -1.25 | 117.78 | 116.66 | 104.46 | 62.87 |
| US Domestic Crudes ($/bbl) | |||||
| Spot | 5-Day | Month- | |||
| Cash/Spot | Chg. | Price | Avg. | Ago | |
| WTS (Midland) | -2.25 | 118.90 | 118.76 | 106.73 | |
| LLS (St. James) | -2.25 | 127.40 | 127.34 | 113.93 | |
| Mars (Clovelly)‡ | -0.33 | 117.10 | 115.39 | 101.24 | |
| ANS (California) | -2.24 | 123.71 | 123.93 | 111.90 | |
| Kern River (SJV) | +0.12 | 109.42 | 106.50 | 96.35 | |
| Heating Oil/Gasoline Futures -- Prompt Month | |||||
| Futures | 1st | 5-Day | 2nd | 3rd | |
| Nymex (ў/gal.) | Chg. | Month | Avg. | Month | Month |
| RBOB Gasoline | -3.70 | 316.42 | 314.54 | 315.72 | 314.32 |
| Heating Oil | -7.62 | 355.98 | 350.13 | 357.28 | 358.73 |
| ICE (London) | |||||
| Gas Oil ($/ton) | 0.00 | 1192.50 | 1155.35 | 1177.50 | 1172.25 |
| Gas Oil (ў/gal.) | 0.00 | 378.57 | 366.78 | 373.81 | 372.14 |
| Product Spot Markets | |||||
| US Gulf Coast‡ | |||||
| Spot | 5-Day | Month- | |||
| Gasoline (ў/gal.) | Chg. | Price | Avg. | Ago | |
| Regular Gasoline | -4.24 | 307.01 | 305.40 | 273.82 | |
| Premium Gasoline | -13.99 | 319.01 | 321.10 | 273.82 | |
| Regular RBOB | -4.24 | 327.36 | 326.56 | 295.07 | |
| Mid-Distillates (ў/gal.) | |||||
| Heating/Gas Oil (B) | -10.02 | 350.75 | 345.79 | 315.99 | |
| Low Sulfur Gas Oil/Diesel (C) | -11.17 | 360.35 | 357.66 | 332.49 | |
| Jet Fuel | -10.02 | 365.50 | 362.24 | 340.74 | |
| Fuel Oil ($/bbl) | |||||
| 1% Sulfur | 0.00 | 91.72 | 90.62 | 80.82 | |
| 3%-3.5% Sulfur | 0.00 | 83.72 | 83.00 | 75.32 | |
| New York‡ | |||||
| Spot | 5-Day | Month- | |||
| Gasoline (ў/gal.) | Chg. | Price | Avg. | Ago | |
| Regular Gasoline | -5.24 | 303.51 | 303.30 | 272.07 | |
| Premium Gasoline | -3.79 | 323.40 | 322.05 | 289.32 | |
| Regular RBOB | -3.24 | 317.76 | 316.10 | 281.82 | |
| Mid-Distillates (ў/gal.) | |||||
| Heating/Gas Oil (B) | -9.77 | 354.25 | 350.04 | 326.24 | |
| Low Sulfur Gas Oil/Diesel (C) | -11.02 | 368.00 | 365.19 | 339.74 | |
| Jet Fuel | -10.02 | 371.00 | 369.19 | 368.74 | |
| Fuel Oil ($/bbl) | |||||
| 1% Sulfur | 0.00 | 88.63 | 87.20 | 79.88 | |
| 3%-3.5% Sulfur | 0.00 | 86.63 | 85.05 | 75.63 | |
| Rotterdam ($/ton) (F) | |||||
| Spot | 5-Day | Month- | |||
| Gasoline | Chg. | Price | Avg. | Ago | |
| Regular Gasoline | 0.00 | 827.00 | 827.00 | 827.00 | |
| Premium Gasoline | 0.00 | 861.00 | 861.00 | 861.00 | |
| Mid-Distillates | |||||
| Heating/Gas Oil (B) | -7.25 | 1160.50 | 1137.85 | 1037.75 | |
| Low Sulfur Gas Oil/Diesel (C) | +0.75 | 1184.50 | 1156.05 | 1058.75 | |
| Jet Fuel | +0.75 | 1276.50 | 1245.85 | 1131.75 | |
| Fuel Oil | |||||
| 1% Sulfur | +7.00 | 571.00 | 567.00 | 562.00 | |
| 3%-3.5% Sulfur | -4.00 | 515.00 | 510.60 | 486.00 | |
| Singapore | |||||
| Spot | 5-Day | Month- | |||
| Light Ends | Chg. | Price | Avg. | Ago | |
| Naphtha ($/bbl) | -0.26 | 108.67 | 108.50 | 101.72 | |
| Regular Gasoline ($/bbl) | +3.76 | 130.73 | 125.52 | 118.37 | |
| Mid-Distillates ($/bbl) | |||||
| Gas Oil | +9.18 | 157.55 | 146.74 | 137.22 | |
| Jet/Kerosene | +10.11 | 158.90 | 147.21 | 139.83 | |
| Fuel Oil ($/ton) | |||||
| 3% Sulfur | +9.85 | 604.75 | 591.82 | 552.05 | |
| Mideast Gulf | |||||
| Spot | 5-Day | Month- | |||
| Light Ends | Chg. | Price | Avg. | Ago | |
| Naphtha ($/mt) | -1.35 | 975.90 | 973.65 | 914.07 | |
| Regular Gasoline ($/bbl) | ... | ... | ... | ... | |
| Mid-Distillates ($/bbl) | |||||
| Gas Oil | +10.47 | 156.20 | 146.41 | 137.87 | |
| Jet/Kerosene | +13.70 | 156.31 | 144.15 | 135.03 | |
| Fuel Oil ($/ton) | |||||
| 3% Sulfur | +10.04 | 584.67 | 571.52 | 538.77 | |
| Natural Gas | |||||
| 1st | 2nd | ||||
| Chg. | Month | Month | |||
| US -- Henry Hub (Nymex) | $/MMBtu | -0.236 | 11.301 | 11.431 | |
| US -- Henry Hub (Cash) | $/MMBtu | +0.10 | 11.38 | 10.01 | |
| UK -- NBP (Cash) | p/th | +1.35 | +58.35 | ... | |
| Produced by Oil Daily in cooperation with Reuters | |||||
| Notes: All spot assessments are bid prices published by Reuters at 5.30 p.m. ET.A--Opec basket price is for previous day. Month-ago figure is 20-day average.B--No. 2 Heating Oil in US; 0.2% Gas Oil in Rotterdam.C--No. 2 Low Sulfur Diesel in US; Ultra Low Sulfur Diesel in Europe.D--Low pour.E--High pour.F--All Rotterdam prices are f.o.b. barge quotations.G--day ahead. | |||||