Posts Tagged China
Oil Prices Climb on IEA’s Revised Demand Figures
As of 8:55 am EST, the price of crude had risen by 1.0 percent to reach $82.92 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 Monday’s average price per gallon): Up $0.03
The IEA increased its estimate [...]
Oil Prices Sink as China’s Inflation Climbs
As of 9:02 am EST, the price of crude had fallen by 0.7 percent to reach $81.49 a barrel and the price of heating oil had dropped by 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Friday’s average price per gallon): Down $0.02
Inflation in China hit a [...]
Oil Inches Up Ahead of EIA Inventory Report
As of 8:48 am EST, the price of crude had increased by 0.1 percent to reach $81.56 a barrel and the price of heating oil had risen by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Thursday’s average price per gallon): Down $0.03
News from OPEC and China [...]
Oil Prices Climb on Refinery Strike in France
As of 8:53 am EST, the price of crude had risen by 0.1 percent to reach $79.90 a barrel and the price of heating oil had increased by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Tuesday’s average price per gallon): Up $0.02
Workers at Total’s French refineries [...]
Oil Prices Steady as Presidents’ Day, Lunar New Year Close Markets
As of 9:39 am EST, the price of crude had risen by 0.2 percent to reach $74.26 a barrel and the price of heating oil had was unchanged.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.04
Morning projection (for Tuesday’s average price per gallon): No Change
With markets closed in the US because [...]
Oil Prices Drop as China Cuts Lending
As of 9:04 am EST, the price of crude had declined by 1.7 percent to reach $74.01 a barrel and the price of heating oil had fallen by 1.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Monday’s average price per gallon): Down $0.03
A move by China’s central [...]
Oil Prices Fall as China Cuts Lending
As of 8:57 am EST, the price of crude had dropped by 1.4 percent to reach $74.24 a barrel and the price of heating oil had fallen by 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Wednesday’s average price per gallon): Down $0.03
China’s lending restrictions were announced [...]
Oil Prices Rise on Weak Dollar
As of 9:24 am EST, the price of crude had inched up by 0.1 percent to reach $74.62 a barrel and the price of heating oil had climbed by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.04
Morning projection (for Tuesday’s average price per gallon): Up $0.02
Oil prices have been [...]
Oil Prices Edge Upward on China’s GDP, API Inventory Report
As of 8:55 am EST, the price of crude had climbed by 0.2 percent to reach $77.90 a barrel and the price of heating oil had risen by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Friday’s average price per gallon): Up $0.03
Two pieces of news that [...]
Oil Prices Fall as China Restricts Lending
As of 8:50 am EST, the price of crude had dropped by 1.8 percent to reach $77.58 a barrel and the price of heating oil had fallen by 1.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: No Change
Morning projection (for Thursday’s average price per gallon): Down $0.04
Oil prices fell as China [...]
Oil Prices Fall on Low Demand Expectations
As of 8:46 am EST, the price of crude had declined by .87 percent to reach $77.32 a barrel and the price of heating oil had dropped by 1.53 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 $0.04
Oil prices fell this morning [...]
Oil Prices Drop as Temperatures Rise
As of 8:55 am EST, the price of crude had fallen by 1.72 percent to reach $81.10 a barrel and the price of heating oil had dropped by 1.65 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Wednesday’s average price per gallon): Down $0.04
Warmer weather in the US [...]
Oil Prices Rise on Chinese Oil Demand
As of 9:16 am EST, the price of crude had climbed by .54 percent to reach $83.20 a barrel and the price of heating oil had increased by .26 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Tuesday’s average price per gallon): Up $0.03
Record amounts of crude were [...]
Oil Prices Fall on Poor US Jobs Numbers
As of 9:04 am EST, the price of crude had dropped by .86 percent to reach $81.95 a barrel and the price of heating oil had declined by .73 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Monday’s average price per gallon): Down $0.03
Crude and heating oil prices [...]
Oil Falls on High Inventories, China’s Rising Interest Rates
As of 8:46 am EST, the price of crude had dropped by .76 percent to reach $82.55 a barrel and the price of heating oil had fallen by .78 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Thursday’s average price per gallon): Down $0.03
Oil prices weathered yesterday’s inventory [...]
Oil Prices Climb on Cold Weather, Growing Asian Economies
As of 8:58 am EST, the price of crude had risen by 2.42 percent to reach $81.28 a barrel and the price of heating oil had gained 2.52 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Tuesday’s average price per gallon): Up $0.06
Heating oil continues to rally on [...]
UPDATE: Cold Weather, Economic Growth Lead to Midday Price Change
Cold weather and expectations of rising fuel demand have lifted oil prices in recent days, and today’s positive economic news gave enough of a boost to lead to a midday price change. US retail sales picked up this holiday season and China announced that its economy grew faster than expected this year, pointing to economic [...]
Read More »Oil Prices Dip on Strong Dollar
As of 9:54 am EST, the price of crude had dropped by .62 percent to reach $70.10 a barrel and the price of heating oil had edged downward by .02 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: No Change
Morning projection (for Monday’s average price per gallon): Down $0.02
After an early rally [...]
Growing Chinese Demand and a Weak Dollar Raise Oil Prices
As of 9:34 am EST, the price of crude had climbed by 2.7 percent to reach $79.58 a barrel and the price of heating oil had risen by 2.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.02
Morning projection (for Tuesday’s average price per gallon): Up $0.06
Oil prices have risen sharply [...]
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 [...]
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