You take a long position in 16 contracts of heating oil at the open price. At the end of the day, you close your position. What is your profit or loss?

\begin{tabular}{|c||c|c|c|c|} \hline \multicolumn{1}{|c||}{ Contract } & Open & High & Low & Close \\ \hline Nov, Heating Oil, 42,000 gal, \$ and cents/gal & 3.15 & 7.84 & 2.99 & 1.56 \\ \hline Nov, Crude oil, 1,000 bbls. \$ and cents/bbl & 101.62 & 114.16 & 96.05 & 103.23 \\ \hline \end{tabular}