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September 17, 2009

Oil Prices Up on Weak Dollar, Stock Markets Gains

At 10:00 am EDT, the price of crude had climbed 0.5 percent to reach $72.96 a barrel and the price of heating oil had risen by 1.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.05
Morning projection (for Friday’s average price per gallon): DOWN $0.01
Crude and heating oil posted moderate gains [...]

August 17, 2009

Oil Prices Plummet on Low Consumer Confidence, Recession Fears

At 9:27 am EDT, the price of crude had lost 2.2 percent to $66.01 a barrel and the price of heating oil had fallen by 1.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.06
Morning projection (for Tuesday’s average price per gallon): DOWN $0.03
A Survey released on Friday that showed a [...]

August 14, 2009

Economic Recovery Hopes Carry Oil Prices Up Again

At 8:33 am EDT, the price of crude had gained 0.3 percent to reach $70.75 a barrel and the price of heating oil had climbed 0.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.03
Morning projection (for Monday’s average price per gallon): UP $0.02

Crude and heating oil prices both posted moderate [...]

August 13, 2009

Positive Economic News Drives Up Oil Prices

At 9:34 am EDT, the price of crude had gained 1.3 percent to reach $71.10 a barrel and the price of heating oil had risen by 1.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Friday’s average price per gallon): UP $0.03

Fresh data from Europe showed that the [...]

August 6, 2009

Crude Down, Heating Oil Up as Inventory Report Sinks In

At 9:43 am EDT, the price of crude had fallen by 0.6 percent to $71.57 a barrel and the price of heating oil had gained 0.2 percent.
HEAT USA Price Report
Today’s average retail price per gallon: NO CHANGE (from 2 pm yesterday)
Morning projection (for Friday’s average price per gallon): UP $0.01

The effects of yesterday’s EIA inventory [...]

August 5, 2009

Oil Prices Up Ahead of Inventory Data

At 9:12 am EDT, the price of crude had risen by 0.3 percent to $71.65 a barrel and the price of heating oil had gained 1.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04
Morning projection (for Thursday’s average price per gallon): DOWN $0.02
Crude was up slightly and heating oil up [...]