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Tuesday, March 25, 2014

Numbers for Thursday, March 27, 2014

Hi to all,

Here's what I have for this Thursday's price changes. Keep in mind that the numbers for heating oil and diesel fuel are still subject to winter blending, so, those numbers will not be entirely accurate!

Heating and stove oils show a very modest drop of just 15/100ths of a cent a litre.
Diesel is showing up by 9/10ths of a cent, and...
Gasoline shows just a 3/10ths of a cent decrease.

The Canadian dollar lost a rough cent against the US greenback over the past week. If it was up against the US dollar, we could have been looking at another more substantive drop.

Oil inventories showed an overall gain last week, while gasoline inventories were down slightly. Both offset against each other really, with oil inventories signalling that there's plenty of oil out there floating around in case it's needed for processing. Oil prices themselves were showing to remain relatively steady over the past week as well.

Hope all this helps!

Regards to all,

George Murphy
Twitter: @GeorgeMurphyMHA

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