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Monday, March 07, 2011

After five days, it doesn't look good

Hi to all...
The "five day" is in, and the news isn't good...Again!

Here's what I have after last night's electronic trading:
  • Heating and stove oils are up by 2.9 cents a litre.
  • Diesel prices show "up" by 3.4 cents, and...
  • Gasoline is up by 3.7 cents a litre.
As of 9:00 A.M Newfoundland time, crude oil (WTI) was trading two bucks a barrel up at $106.42 with the unrest in Libya shutting in production still further amid continuing worries of further disruptions in the Middle east and North Africa.

How do you stop it?

I don't know, but I'm getting sick and tired of having to pay for it.

I'll be back tonight with an update on the numbers for today's trading.

George

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