World Oil and Gas Price Review for 10 Nov

Daily Oil & Gas Price Review

Prices for Monday, November 10, 2008

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

1st

5-Day

2nd

3rd

Chg.

Month

Avg.

Month

Month

ICE Brent

+1.73

59.08

60.43

61.11

62.97

Nymex Light Sweet

+1.37

62.41

64.01

63.27

64.19

International Crudes ($/bbl)

Spot

5-Day

Month-

Year-

Cash/Spot

Chg.

Price

Avg.

Ago

Ago

Brent (Dated)

+0.24

57.47

58.62

74.77

89.41

Dubai

+1.14

54.64

56.26

71.46

86.46

Oman

+1.51

56.97

57.52

71.83

85.67

WTI (Cushing)

+1.13

62.16

63.48

81.14

93.42

Opec Basket (A)

-1.40

53.49

58.10

72.67

87.61

Minas

-0.41

68.90

68.46

79.95

98.81

Tapis

+0.09

63.65

63.95

80.70

97.13

Forties

+0.93

56.67

59.02

73.92

92.60

Oseberg

+0.53

60.02

62.68

76.17

94.20

Bonny Light

-0.81

59.57

60.19

78.02

94.70

Urals

+0.24

56.12

57.37

71.82

89.40

US Domestic Crudes ($/bbl)

Spot

5-Day

Month-

Cash/Spot

Chg.

Price

Avg.

Ago

WTS (Midland)

+1.21

56.46

57.98

79.85

LLS (St. James)

+1.21

60.71

62.62

84.10

Mars (Clovelly)‡

+2.35

55.20

58.38

75.95

ANS (California)

+1.13

58.61

60.12

78.74

Kern River (SJV)

+0.25

46.91

49.31

64.07

Heating Oil/Gasoline Futures -- Prompt Month

Futures

1st

5-Day

2nd

3rd

Nymex (ў/gal.)

Chg.

Month

Avg.

Month

Month

RBOB Gasoline

+1.84

136.79

140.21

140.74

144.39

Heating Oil

+2.72

200.56

202.85

203.26

205.21

ICE (London)

Gas Oil ($/ton)

+7.75

632.75

640.60

629.25

635.00

Gas Oil (ў/gal.)

+2.46

200.87

203.37

199.76

201.59

Product Spot Markets

US Gulf Coast‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

+0.95

132.60

135.07

195.30

Premium Gasoline

+0.95

144.35

148.22

206.05

Regular RBOB

+0.70

131.60

134.87

195.30

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

+3.75

194.60

194.20

230.98

Low Sulfur Gas Oil/Diesel (C)

+2.25

196.60

197.05

233.48

Jet Fuel

+3.75

205.60

205.05

245.23

Fuel Oil ($/bbl)

1% Sulfur

+5.25

44.13

43.13

73.38

3%-3.5% Sulfur

+1.50

35.88

37.31

57.97

New York‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

+0.20

140.10

144.72

203.05

Premium Gasoline

+0.70

154.35

161.22

223.30

Regular RBOB

-0.55

139.35

143.62

201.55

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

+2.25

198.35

199.90

233.73

Low Sulfur Gas Oil/Diesel (C)

+2.25

202.10

203.80

241.98

Jet Fuel

+2.25

211.35

212.10

253.48

Fuel Oil ($/bbl)

1% Sulfur

+0.75

43.38

44.58

60.80

3%-3.5% Sulfur

+0.41

39.88

41.45

62.00

Rotterdam ($/ton) (F)

Spot

5-Day

Month-

Gasoline

Chg.

Price

Avg.

Ago

Regular Gasoline

-4.00

450.00

456.40

665.00

Premium Gasoline

13.00

460.00

459.80

645.00

Mid-Distillates

Heating/Gas Oil (B)

+21.00

640.00

651.70

752.00

Low Sulfur Gas Oil/Diesel (C)

+20.00

665.00

681.60

789.00

Jet Fuel

+20.00

694.00

707.80

815.00

Fuel Oil

1% Sulfur

0.00

310.00

325.60

506.00

3%-3.5% Sulfur

+2.00

220.00

231.40

385.00

Singapore

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/bbl)

+1.47

31.56

29.49

57.72

Regular Gasoline ($/bbl)

-4.86

50.56

56.24

86.00

Mid-Distillates ($/bbl)

Gas Oil

-1.63

72.40

74.75

82.10

Jet/Kerosene

-3.38

81.20

83.13

90.95

Fuel Oil ($/ton)

3% Sulfur

+7.62

268.85

264.96

433.75

Mideast Gulf

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/mt)

+14.82

273.81

252.43

495.93

Regular Gasoline ($/bbl)

...

...

...

...

Mid-Distillates ($/bbl)

Gas Oil

-8.30

70.55

74.95

88.73

Jet/Kerosene

-7.64

74.44

77.37

92.58

Fuel Oil ($/ton)

3% Sulfur

+7.42

251.93

248.18

415.08

Natural Gas

1st

2nd

Chg.

Month

Month

US -- Henry Hub (Nymex)

$/MMBtu

+0.491

7.248

7.419

US -- Henry Hub (Cash)

$/MMBtu

+0.47

7.06

6.61

UK -- NBP (Cash)

p/th

-12.75

+50.88

...

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.