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  Wed, 10 March 2010

Gas Market News
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Oil Market News


oil marketCheck Market News Summary and Price Chart at the bottom of this page

Encore analyses and monitors a range of oil metrics daily which include:

CommoditiesPrice Sources
  • Brent Crude
  • West Texas Intermediate Crude (WTI)
  • Gas Oil (GO)
  • Fuel Oil (FO)
  • Intercontinental Exchange (ICE)
  • New York Mercantile Exchange (NYMEX)
  • Platts
Curve lengthFundamental Factors
  • 6 years
  • Oil inventory data
  • Demand / supply forecasts
  • Weather forecasts

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Oil Market News Summary

Crude oil futures ended down on Tuesday, dropping from Monday's eight-week high, as the dollar's strength and forecasts that weekly inventory data would show domestic crude stocks rose pressured the market. A sharp drop in RBOB gasoline futures, also from eight-week highs hit on Monday, dragged crude futures lower as well. Gasoline fell after gaining in four of five previous sessions. A stronger dollar usually affects demand for commodities as it raises costs for users of other currencies.


Last Updated ( Wed, 10 March 2010 )
 

Oil Price Chart


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