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Monday, August 29, 2011

Good news...and bad news this week so far

Numbers are still showing what crude oil is telling us this week, but it seems that the emphasis that the markets are showing are now turned towards the distillate fuels. With the end of the summer driving season near, it seems like the eyes of the investor have turned away from gasolines.

Here's what I have for this pricing session so far. Six days of data:
  • Heating and stove oils are up by 2.44 cents a litre.
  • Diesel is up by 1.7 cents a litre, and...
  • Gasoline is showing down by 1.2 cents.
I'll be back with the final numbers tomorrow night!

George

P.S: Thanks for all the kind words. Seems like the old back of mine is still feeling the effects of the accident two weeks ago, but the doc is telling me to take things slow and give it time...

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