Energy Market Assessment 3/21/17 Winter Delightfully Mild Is Deflating But Also Stimulating Consensus-Beating UP

March 21, 2017
Figure 11
Average East Coast Spot Distillate Oil Price and
Heating oil closing futures price since 12/14/15
(Src: Platt’s Oilgram data and NYMEX via WSJ)
  $’s per barrel                                                                                                                  $’s per mmBtu

The rest of the world growing, versus still recessing last year is evident in very good YOY increase in distillate-oil prices.

 

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