World Oil and Gas Price Review for 17 July

Daily Oil & Gas Price Review

Prices for Thursday, July 17, 2008

Crude Oil Futures -- Prompt Month ($/bbl)

1st

5-Day

2nd

3rd

Chg.

Month

Avg.

Month

Month

ICE Brent

-4.74

131.07

138.88

132.08

132.99

Nymex Light Sweet

-5.31

129.29

138.58

130.18

130.68

International Crudes ($/bbl)

Spot

5-Day

Month-

Year-

Cash/Spot

Chg.

Price

Avg.

Ago

Ago

Brent (Dated)

+0.85

133.80

137.56

128.76

77.62

Dubai

-4.52

126.08

134.59

131.20

69.39

Oman

-2.94

130.00

135.97

129.05

71.73

WTI (Cushing)

-5.20

129.40

138.54

136.51

72.77

Opec Basket (A)

-4.91

133.09

136.73

128.98

70.22

Minas

-12.57

141.45

149.15

133.50

72.97

Tapis

-12.67

141.35

148.81

137.85

78.20

Forties

-1.62

133.30

137.17

130.16

77.42

Oseberg

-1.74

138.00

142.18

133.51

78.22

Bonny Light

+0.85

138.05

140.49

133.76

79.47

Urals

+0.85

130.10

134.00

123.86

73.32

US Domestic Crudes ($/bbl)

Spot

5-Day

Month-

Cash/Spot

Chg.

Price

Avg.

Ago

WTS (Midland)

-5.23

127.50

136.20

132.58

LLS (St. James)

-5.23

133.40

142.50

139.98

Mars (Clovelly)‡

-9.12

124.60

134.74

127.92

ANS (California)

-5.81

128.54

137.82

136.20

Kern River (SJV)

-3.70

118.97

124.52

118.63

Heating Oil/Gasoline Futures -- Prompt Month

Futures

1st

5-Day

2nd

3rd

Nymex (ў/gal.)

Chg.

Month

Avg.

Month

Month

RBOB Gasoline

-11.61

316.33

338.97

318.58

309.83

Heating Oil

-9.72

374.38

392.91

377.63

381.08

ICE (London)

Gas Oil ($/ton)

+11.75

1250.00

1275.30

1256.50

1262.25

Gas Oil (ў/gal.)

+3.73

396.83

404.86

398.89

400.71

Product Spot Markets

US Gulf Coast‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

-9.60

304.75

324.94

332.33

Premium Gasoline

-9.60

316.75

335.64

337.08

Regular RBOB

-10.60

309.25

330.39

341.33

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

-10.05

371.45

388.88

379.80

Low Sulfur Gas Oil/Diesel (C)

-10.05

373.20

391.43

384.30

Jet Fuel

-10.05

383.70

402.18

390.55

Fuel Oil ($/bbl)

1% Sulfur

-7.09

112.88

119.70

106.13

3%-3.5% Sulfur

-5.35

107.53

112.19

95.18

New York‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

-11.10

301.75

323.89

334.08

Premium Gasoline

-10.60

313.00

334.74

348.58

Regular RBOB

-10.60

312.00

333.74

346.08

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

-10.05

370.95

389.43

383.00

Low Sulfur Gas Oil/Diesel (C)

-10.05

375.20

393.68

389.30

Jet Fuel

-11.05

392.70

411.98

395.30

Fuel Oil ($/bbl)

1% Sulfur

-4.25

106.13

114.60

105.38

3%-3.5% Sulfur

-2.25

105.88

109.88

96.28

Rotterdam ($/ton) (F)

Spot

5-Day

Month-

Gasoline

Chg.

Price

Avg.

Ago

Regular Gasoline (10ppm)

-21.00

1120.00

1169.10

1145.00

Premium Gasoline(10 ppm)

-15.00

1110.00

1119.00

1127.50

Mid-Distillates

Heating/Gas Oil (B)

-42.75

1217.00

1266.30

1232.00

Low Sulfur Gas Oil/Diesel (C)

-44.75

1239.00

1302.95

1251.00

Jet Fuel

-24.75

1331.00

1364.90

1296.00

Fuel Oil

1% Sulfur

-20.00

780.00

800.20

670.00

3%-3.5% Sulfur

-15.00

685.00

699.80

603.00

Singapore

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/bbl)

-8.22

123.83

129.29

124.89

Regular Gasoline ($/bbl)

-10.26

133.61

141.02

141.90

Mid-Distillates ($/bbl)

Gas Oil

-11.13

164.35

172.19

165.27

Jet/Kerosene

-8.34

166.69

172.15

164.49

Fuel Oil ($/ton)

3% Sulfur

-26.00

757.15

765.12

648.75

Mideast Gulf

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/mt)

-76.04

1106.18

1157.30

1111.26

Regular Gasoline ($/bbl)

...

...

...

...

Mid-Distillates ($/bbl)

Gas Oil

-5.21

167.29

170.35

163.28

Jet/Kerosene

-3.98

166.76

168.14

160.21

Fuel Oil ($/ton)

3% Sulfur

-26.15

730.00

738.59

628.76

Natural Gas

1st

2nd

Chg.

Month

Month

US -- Henry Hub (Nymex)

$/MMBtu

-0.861

10.537

10.605

US -- Henry Hub (Cash)

$/MMBtu

+0.24

11.41

12.94

UK -- NBP (Cash)

p/th

-0.85

+62.50

...

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.