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World Oil and Gas Price Review for 1 July

Oil&Gas Materials 2 July 2008 11:16 (UTC +04:00)

Azerbaijan, Baku 2 July / Trend / World oil and gas price review for 1 July is provided by Energy Intelligence Group.

Daily Oil & Gas Price Review

Prices for Tuesday, July 1, 2008

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

1st

5-Day

2nd

3rd

Chg.

Month

Avg.

Month

Month

ICE Brent

+0.84

140.67

138.99

141.46

142.19

Nymex Light Sweet

+0.97

140.97

139.07

141.58

141.98

International Crudes ($/bbl)

Spot

5-Day

Month-

Year-

Cash/Spot

Chg.

Price

Avg.

Ago

Ago

Brent (Dated)

+2.27

140.31

137.01

125.92

71.04

Dubai

+2.59

136.00

134.27

119.15

67.14

Oman

-2.15

137.19

133.67

123.05

68.80

WTI (Cushing)

+1.10

141.03

138.67

124.30

68.47

Opec Basket (A)

+0.72

136.03

134.19

122.10

67.90

Minas

+5.53

149.43

141.56

129.71

71.05

Tapis

+1.53

148.83

144.32

134.11

77.09

Forties

+0.79

139.71

136.19

128.74

72.66

Oseberg

+1.29

143.41

139.41

130.89

74.21

Bonny Light

+2.27

145.31

140.09

130.77

74.06

Urals

+2.17

135.56

132.25

121.20

69.41

US Domestic Crudes ($/bbl)

Spot

5-Day

Month-

Cash/Spot

Chg.

Price

Avg.

Ago

WTS (Midland)

+1.22

138.73

135.90

120.46

LLS (St. James)

+1.07

145.38

142.47

128.96

Mars (Clovelly)‡

+1.94

136.48

132.69

121.40

ANS (California)

+1.14

140.50

137.94

124.32

Kern River (SJV)

0.00

124.38

121.37

112.30

Heating Oil/Gasoline Futures -- Prompt Month

Futures

1st

5-Day

2nd

3rd

Nymex (ў/gal.)

Chg.

Month

Avg.

Month

Month

RBOB Gasoline

+1.43

351.34

348.43

352.29

341.44

Heating Oil

+3.35

394.35

387.71

398.20

402.25

ICE (London)

Gas Oil ($/ton)

+14.25

1276.75

1253.20

1283.75

1294.25

Gas Oil (ў/gal.)

+4.52

405.32

397.84

407.54

410.87

Product Spot Markets

US Gulf Coast‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

+0.70

334.95

334.40

322.81

Premium Gasoline

+2.95

340.20

338.90

331.31

Regular RBOB

+0.70

355.95

353.85

340.06

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

+1.52

388.77

384.13

359.80

Low Sulfur Gas Oil/Diesel (C)

+1.52

391.02

386.48

370.55

Jet Fuel

+1.52

403.27

397.13

372.80

Fuel Oil ($/bbl)

1% Sulfur

+1.91

113.88

110.43

94.13

3%-3.5% Sulfur

+1.88

104.88

101.19

83.88

New York‡

Spot

5-Day

Month-

Gasoline (ў/gal.)

Chg.

Price

Avg.

Ago

Regular Gasoline

+3.10

334.95

332.49

320.56

Premium Gasoline

+1.60

349.70

347.84

340.56

Regular RBOB

+1.10

348.45

347.19

339.56

Mid-Distillates (ў/gal.)

Heating/Gas Oil (B)

+3.78

392.52

387.02

362.55

Low Sulfur Gas Oil/Diesel (C)

+3.78

395.52

390.82

373.30

Jet Fuel

+4.53

409.52

402.52

373.30

Fuel Oil ($/bbl)

1% Sulfur

+2.37

113.40

109.44

94.38

3%-3.5% Sulfur

+2.00

105.53

101.59

85.78

Rotterdam ($/ton) (F)

Spot

5-Day

Month-

Gasoline

Chg.

Price

Avg.

Ago

Regular Gasoline

0.00

827.00

827.00

827.00

Premium Gasoline

0.00

861.00

861.00

861.00

Mid-Distillates

Heating/Gas Oil (B)

+8.00

1266.50

1245.84

1186.25

Low Sulfur Gas Oil/Diesel (C)

+5.00

1279.50

1259.64

1222.25

Jet Fuel

+5.00

1364.50

1323.64

1302.20

Fuel Oil

1% Sulfur

+40.00

765.00

715.40

625.00

3%-3.5% Sulfur

+30.00

660.00

625.70

539.00

Singapore

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/bbl)

-2.06

131.01

130.36

118.96

Regular Gasoline ($/bbl)

-0.83

145.58

142.50

136.25

Mid-Distillates ($/bbl)

Gas Oil

-0.86

171.74

169.29

158.21

Jet/Kerosene

+0.22

171.00

167.12

160.01

Fuel Oil ($/ton)

3% Sulfur

+10.15

706.65

680.69

610.00

Mideast Gulf

Spot

5-Day

Month-

Light Ends

Chg.

Price

Avg.

Ago

Naphtha ($/mt)

-18.46

1173.28

1166.46

1060.70

Regular Gasoline ($/bbl)

...

...

...

...

Mid-Distillates ($/bbl)

Gas Oil

+3.65

171.02

168.03

164.65

Jet/Kerosene

+6.32

167.76

162.70

164.30

Fuel Oil ($/ton)

3% Sulfur

+9.41

684.37

659.26

589.65

Natural Gas

1st

2nd

Chg.

Month

Month

US -- Henry Hub (Nymex)

$/MMBtu

+0.152

13.505

13.570

US -- Henry Hub (Cash)

$/MMBtu

+0.09

13.27

12.31

UK -- NBP (Cash)

p/th

+1.00

+61.00

...

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.

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