World Oil and Gas Price Review for 26 Nov

Daily Oil & Gas Price Review

Prices for Wednesday, November 26, 2008

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

1st

5-Day

2nd

3rd

Chg.

Month

Avg.

Month

Month

ICE Brent

+3.57

53.92

51.09

55.97

57.73

Nymex Light Sweet

+3.67

54.44

51.85

55.70

56.92

International Crudes ($/bbl)

Spot

5-Day

Month-

Year-

Cash/Spot

Chg.

Price

Avg.

Ago

Ago

Brent (Dated)

+1.87

49.73

47.80

59.27

91.17

Dubai

+3.59

47.94

45.49

54.39

83.28

Oman

+0.10

46.45

44.85

57.94

89.69

WTI (Cushing)

+4.30

54.17

51.10

62.80

93.99

Opec Basket (A)

+1.05

45.53

45.56

56.80

91.52

Minas

-0.60

52.15

51.30

64.30

97.55

Tapis

-0.60

52.05

51.18

65.00

99.90

Forties

+1.87

48.43

46.67

58.32

94.52

Oseberg

+1.62

50.58

48.92

62.42

96.67

Bonny Light

+1.87

51.63

48.59

62.42

97.47

Urals

+1.97

47.63

45.50

56.82

92.27

US Domestic Crudes ($/bbl)

Spot

5-Day

Month-

Cash/Spot

Chg.

Price

Avg.

Ago

WTS (Midland)

+4.04

48.87

45.41

60.39

LLS (St. James)

+6.19

55.52

50.79

66.54

Mars (Clovelly)‡

+4.19

48.57

44.99

58.68

ANS (California)

+4.30

49.62

46.55

59.70

Kern River (SJV)

+0.60

35.61

37.01

49.23

Heating Oil/Gasoline Futures -- Prompt Month

Futures

1st

5-Day

2nd

3rd

Nymex (ў/gal.)

Chg.

Month

Avg.

Month

Month

RBOB Gasoline

+8.49

117.98

109.77

120.08

123.53

Heating Oil

+3.79

173.67

171.91

176.16

178.61

ICE (London)

Gas Oil ($/ton)

+12.00

544.75

536.30

552.00

561.00

Gas Oil (ў/gal.)

+3.81

172.94

170.25

175.24

178.10

Product Spot Markets

US Gulf Coast‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

+7.67

114.57

107.21

140.57

Premium Gasoline

+7.67

127.32

119.36

148.07

Regular RBOB

+7.67

114.82

107.14

142.57

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

+5.47

168.10

165.19

190.48

Low Sulfur Gas Oil/Diesel (C)

+5.47

169.60

166.84

192.73

Jet Fuel

+5.97

176.85

173.39

197.98

Fuel Oil ($/bbl)

1% Sulfur

+2.13

40.63

38.85

47.63

3%-3.5% Sulfur

+2.55

33.90

31.47

41.03

New York‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

+8.74

121.99

114.70

164.50

Premium Gasoline

+8.99

139.99

131.50

179.00

Regular RBOB

+9.24

117.99

110.25

159.75

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

+4.26

173.50

171.65

194.65

Low Sulfur Gas Oil/Diesel (C)

+4.11

174.50

172.58

198.40

Jet Fuel

+6.21

183.35

179.55

210.90

Fuel Oil ($/bbl)

1% Sulfur

+2.55

38.88

37.94

46.03

3%-3.5% Sulfur

+2.09

33.92

32.37

43.78

Rotterdam ($/ton) (F)

Spot

5-Day

Month-

Gasoline

Chg.

Price

Avg.

Ago

Regular Gasoline

+31.00

390.00

360.20

500.00

Premium Gasoline

30.00

400.00

367.80

502.00

Mid-Distillates

Heating/Gas Oil (B)

+14.50

544.50

533.00

634.00

Low Sulfur Gas Oil/Diesel (C)

+19.00

574.50

559.10

657.00

Jet Fuel

+17.00

594.50

583.10

690.00

Fuel Oil

1% Sulfur

0.00

259.00

263.00

354.00

3%-3.5% Sulfur

+5.50

200.00

191.50

265.00

Singapore

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/bbl)

+0.25

30.82

28.08

32.85

Regular Gasoline ($/bbl)

-2.50

40.60

40.66

63.38

Mid-Distillates ($/bbl)

Gas Oil

-1.80

62.30

62.72

71.95

Jet/Kerosene

-2.90

69.00

69.50

77.00

Fuel Oil ($/ton)

3% Sulfur

-3.00

229.00

226.00

301.50

Mideast Gulf

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/mt)

-3.64

268.16

244.20

278.91

Regular Gasoline ($/bbl)

...

...

...

...

Mid-Distillates ($/bbl)

Gas Oil

+0.05

62.99

65.29

74.92

Jet/Kerosene

+0.04

65.72

67.45

76.20

Fuel Oil ($/ton)

3% Sulfur

-2.90

211.36

208.15

284.16

Natural Gas

1st

2nd

Chg.

Month

Month

US -- Henry Hub (Nymex)

$/MMBtu

+0.492

6.878

6.898

US -- Henry Hub (Cash)

$/MMBtu

-0.26

6.45

6.59

UK -- NBP (Cash)

p/th

0.00

+58.15

...

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.