Europe Distillates/Fuel Oil-ICE gas oil falls below key support - Reuters India

| | TrackBacks (0)
LONDON, Aug 14 (Reuters) - ICE gas oil futures fell belowthe 14-day moving average for the first time in one month onFriday due to a seasonal dip in demand between the summerdriving and winter heating seasons.

oem diesel tanks

ICE GAS OIL FUTURES * ICE gas oil LGOc1 fell below the 14-day moving averagefor the first time since July 17, according to Reuters data. * The fall in gas oil prices surpassed that of crude oil andits crack to Brent futures narrowed to $6.11 a barrel from $7.94at Thursday's close.

Full Story: Europe Distillates/Fuel Oil-ICE gas oil falls below key support - Reuters India

0 TrackBacks

Listed below are links to blogs that reference this entry: Europe Distillates/Fuel Oil-ICE gas oil falls below key support - Reuters India.

TrackBack URL for this entry: http://www.auto-fueltanks.com/cgi-bin/mt/mt-tb.cgi/8311

About this Entry

This page contains a single entry by Viraj published on August 15, 2009 6:49 PM.

Oil & gas stocks up in volatile market - NDTV.com was the previous entry in this blog.

Baker Hughes: US Oil, Gas Rig Count Up 2 To 968 This Week - CNNMoney.com is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.