World Oil and Gas Price Review for 12 Nov

Daily Oil & Gas Price Review

Prices for Wednesday, November 12, 2008

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

1st

5-Day

2nd

3rd

Chg.

Month

Avg.

Month

Month

ICE Brent

-3.34

52.37

56.39

54.52

56.49

Nymex Light Sweet

-3.17

56.16

59.94

57.03

57.95

International Crudes ($/bbl)

Spot

5-Day

Month-

Year-

Cash/Spot

Chg.

Price

Avg.

Ago

Ago

Brent (Dated)

-2.29

52.87

55.85

67.26

90.87

Dubai

-3.36

48.28

52.55

64.78

86.96

Oman

-2.28

50.58

54.71

67.82

86.75

WTI (Cushing)

-3.43

55.95

59.85

74.35

94.13

Opec Basket (A)

-2.53

52.24

55.27

73.49

88.13

Minas

-10.10

58.80

67.34

76.70

96.79

Tapis

-5.60

58.05

62.79

77.25

98.12

Forties

-4.65

52.02

56.34

66.21

94.53

Oseberg

-5.00

55.02

59.83

68.66

96.08

Bonny Light

-2.29

54.52

57.16

70.51

95.98

Urals

-2.29

50.77

54.20

64.31

91.28

US Domestic Crudes ($/bbl)

Spot

5-Day

Month-

Cash/Spot

Chg.

Price

Avg.

Ago

WTS (Midland)

-2.85

50.24

53.95

70.89

LLS (St. James)

-2.85

54.49

58.30

75.14

Mars (Clovelly)‡

-6.77

48.43

53.75

67.14

ANS (California)

-3.43

52.40

56.30

70.46

Kern River (SJV)

-3.09

45.11

47.62

64.85

Heating Oil/Gasoline Futures -- Prompt Month

Futures

1st

5-Day

2nd

3rd

Nymex (ў/gal.)

Chg.

Month

Avg.

Month

Month

RBOB Gasoline

-5.78

124.81

132.15

128.26

131.61

Heating Oil

-9.36

183.54

193.82

186.09

188.19

ICE (London)

Gas Oil ($/ton)

0.00

610.25

619.35

586.75

592.75

Gas Oil (ў/gal.)

0.00

193.73

196.62

186.27

188.17

Product Spot Markets

US Gulf Coast‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

-5.61

120.94

128.36

178.75

Premium Gasoline

-5.61

132.69

140.11

189.50

Regular RBOB

-5.61

119.69

127.51

177.50

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

-9.75

176.10

186.89

212.47

Low Sulfur Gas Oil/Diesel (C)

-10.00

178.10

189.44

216.47

Jet Fuel

-9.50

185.10

197.14

223.22

Fuel Oil ($/bbl)

1% Sulfur

0.00

41.13

40.73

58.53

3%-3.5% Sulfur

0.00

33.13

34.06

55.47

New York‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

-5.86

125.69

135.16

191.75

Premium Gasoline

-5.61

141.69

150.71

213.50

Regular RBOB

-6.86

123.94

134.31

187.00

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

-9.90

180.60

191.62

215.47

Low Sulfur Gas Oil/Diesel (C)

-9.25

183.60

194.99

223.22

Jet Fuel

-9.00

195.35

205.19

234.47

Fuel Oil ($/bbl)

1% Sulfur

0.00

40.38

41.60

57.88

3%-3.5% Sulfur

0.00

36.63

38.17

57.97

Rotterdam ($/ton) (F)

Spot

5-Day

Month-

Gasoline

Chg.

Price

Avg.

Ago

Regular Gasoline

-15.00

435.00

450.80

583.00

Premium Gasoline

-18.00

442.00

455.80

610.00

Mid-Distillates

Heating/Gas Oil (B)

-65.00

575.00

623.05

697.75

Low Sulfur Gas Oil/Diesel (C)

-69.25

595.75

648.60

731.75

Jet Fuel

-63.75

630.25

678.70

756.75

Fuel Oil

1% Sulfur

-2.00

308.00

311.60

430.00

3%-3.5% Sulfur

-22.00

198.00

216.40

360.00

Singapore

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/bbl)

+0.84

32.40

30.96

50.20

Regular Gasoline ($/bbl)

+0.52

51.08

54.38

84.90

Mid-Distillates ($/bbl)

Gas Oil

-4.90

67.50

72.72

81.65

Jet/Kerosene

-3.90

77.30

81.49

90.20

Fuel Oil ($/ton)

3% Sulfur

-26.62

242.23

261.80

415.50

Mideast Gulf

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/mt)

+8.60

282.41

267.32

429.65

Regular Gasoline ($/bbl)

...

...

...

...

Mid-Distillates ($/bbl)

Gas Oil

+0.86

71.41

73.87

83.07

Jet/Kerosene

+0.90

75.34

77.86

90.22

Fuel Oil ($/ton)

3% Sulfur

-26.83

225.10

244.94

397.03

Natural Gas

1st

2nd

Chg.

Month

Month

US -- Henry Hub (Nymex)

$/MMBtu

-0.300

6.405

6.560

US -- Henry Hub (Cash)

$/MMBtu

-0.38

6.64

6.66

UK -- NBP (Cash)

p/th

-5.13

+45.75

...

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.