America's LargestUPDATE: Weak Dollar, Rising Equities Lead to Midday Price Change
Stock market gains combined with a weak dollar to push heating oil prices higher on NYMEX this morning, leading to a midday price change. Positive economic data from the US—rising home sales and retail sales—and China—increased manufacturing—overwhelmed lingering concerns over Dubai’s financial crisis and spurred global stock markets, and a weak dollar continued to lift crude and heating oil prices.
HEAT USA Price Report
Midday Price Change: Average retail heating oil prices are UP $0.05 per gallon from this morning.
