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API Inventory Report Drives Up Oil Prices
At 9:30 am EST, the price of crude had risen 1.8 percent to $75.28 a barrel and the price of heating oil had climbed 1.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Wednesday’s average price per gallon): Up $0.04
The American Petroleum Institute’s oil inventory report, released yesterday [...]
Rise in Crude Inventories Pulls Oil Prices Down
At 9:15 am EDT, the price of crude had dropped 0.8 percent to $78.46 a barrel and the price of heating oil had lost 0.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Thursday’s price per gallon): DOWN $0.01
The American Petroleum Institute’s weekly inventory report, released yesterday afternoon, [...]
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 [...]
Oil Prices Flat After Mixed EIA Inventory Report
At 11:19 am EDT, the price of crude had gained 0.3 percent to reach $71.12 a barrel and the price of heating oil had lost 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.05
Morning projection (for Thursday’s price per gallon): DOWN $0.02
The price of crude is slightly higher and the [...]
Oil Prices Rise on Expected Inventory Reduction
At 9:57 am EDT, the price of crude had risen by 1.3 percent to $69.75 a barrel and the price of heating oil had gained 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.01
Morning projection (for Wednesday’s price per gallon): DOWN $0.03
Oil prices increased moderately this morning, boosted by predictions [...]
Oil Prices Sink as Big Inventories Weigh Heavy Again
At 8:55 am EDT, the price of crude had fallen by 0.4 percent to $71.63 a barrel and the price of heating oil had lost 0.6 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Monday’s price per gallon): DOWN $0.02
Oil prices dipped this morning after three straight days [...]
Oil Prices Dip as OPEC Holds Outputs Steady
At 9:49 am EDT, the price of crude had lost 0.2 percent to fall to $71.20 a barrel and the price of heating oil had fallen by 0.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02
Morning projection (for Friday’s price per gallon): UP $0.03
Crude and heating oil prices rose in [...]
Read More »Oil Prices Continue Climb on Weak Dollar; OPEC to Maintain Output Quotas
At 9:21 am EDT, the price of crude had risen by 0.7 percent to $71.62 a barrel and the price of heating oil had gained 0.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.06
Morning projection (for Thursday’s average price per gallon): UP $0.01
A weakening US dollar and a major buying [...]
Oil Prices Falling After US Employment Data
At 9:39 am EDT, the price of crude oil had lost 0.1 percent to reach $67.91 a barrel and the price of heating oil had fallen by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Monday’s price per gallon): NO CHANGE
A government report released this morning showed [...]
Gasoline Stockpile Data Lifts Oil Prices
At 9:06 am EDT, the price of crude had risen by 0.6 percent to $68.49 a barrel and the price of heating oil had gained 0.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Friday’s price per gallon): DOWN $0.01
Yesterday’s US petroleum inventory data released by the Energy [...]
Oil Prices Flat Ahead of EIA Inventory Data
At 9:55 am EDT, the price of crude was flat at $68.05 a barrel and the price of heating oil had gained just 0.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.04
Morning projection (for Thursday’s average price per gallon): UP $0.03
US unemployment rose again in August, which pushed down crude [...]
Oil Prices Flat Ahead of US Manufacturing Data
At the price of crude 9:40 am EDT, the price of crude had gained 0.6 percent to reach $70.39 a barrel and the price of heating oil had risen by 0.6 percent as well.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.07
Morning projection (for Wednesday’s average price per gallon): UP $0.02
Following [...]
Read More »Oil Prices Continue to Fall From 2009 Peaks
At 10:15 am EDT, the price of crude had dropped by 1.4 percent to $71.08 a barrel and the price of heating oil had lost 1.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.06
Morning projection (for Thursday’s price per gallon): DOWN $0.01
Investors rushed to cash in on crude and heating [...]
Oil Prices Dip As Chinese Stock Market Falls
At 9:51 am EDT, the price of crude had lost 0.1 percent, falling to $69.13 a barrel and the price of heating oil had lost 0.5 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 and heating oil prices are on the [...]
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 [...]
Read More »Heating Oil Prices Flat After Inventory Data and IEA Demand Forecast, Crude Oil Up Along With Stock Markets
At 11:51 am EDT the price of crude had gained 1.8 percent to reach $70.68 a barrel and the price of heating oil had fallen by 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Thursday’s average price): NO CHANGE
Oil prices hovered near Tuesday’s closing positions this morning, [...]
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 [...]
Read More »Distillate Inventory Draw Brings Afternoon Heating Oil Price Increase
HEAT USA price experts report that the 1.1-million-barrel increase in distillate stockpiles reported this morning by the EIA caused an incresae in retail heating oil prices, effective at 2:00 EDT this afternoon. The moderate incrase over this morning’s price will likely remain in place through tomorrow morning.
Read More »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 [...]
Oil Prices Dip on Expectations of Inventory Build
At 9:59 am EDT, the price of crude had fallen by 0.8 percent to $71.00 a barrel and the price of heating oil had risen just 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Wednesday’s average price per gallon): DOWN $0.02
Crude and heating oil prices reversed three [...]
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