Europe Distillates/Fuel Oil-ICE gas oil hits year high - Reuters India

By
Viraj
on October 17, 2009 5:01 PM | | TrackBacks (0)
LONDON, Oct 16 (Reuters) - ICE gas oil futures rose to theirhighest level in about a year on Friday, supported by gains inNew York heating oil futures.

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ICE GAS OIL * November ICE gas oil rose to as high as $633.75 a tonne,the highest since November last year. * It eased to $626.25 a tonne by 1720 GMT but was still 2percent up from Thursday's close, while Brent crude futures werejust 0.17 percent up at $76.32 a barrel. LGOc1 LCOc1 * Gas oil's crack to ICE Brent futures was around $9.12 abarrel, after closing at $9.92 on Thursday, the highest levelsince late-March for a market close. LGO-LCO1=R * The contango between November and December was $6/$9 atonne, compared with $7.50 at Thursday's close.

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This page contains a single entry by Viraj published on October 17, 2009 5:01 PM.

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