Posts Tagged crude oil

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February 19, 2010

Oil Prices Rise on Consumer Price Report

As of 9:11 am EST, the price of crude had climbed by 0.5 percent to reach $79.46 a barrel and the price of heating oil had increased by 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.04
Morning projection (for Monday’s average price per gallon): Up $0.02
Oil markets have fluctuated today [...]

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February 18, 2010

Oil Prices Fall on Jobless Claims, API Data

As of 8:52 am EST, the price of crude had dropped by 0.8 percent to reach $76.68 a barrel and the price of heating oil had declined by 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Friday’s average price per gallon): Down $0.04
An increase in the number [...]

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February 16, 2010

Oil Prices Surge on Strong Euro

As of 9:06 am EST, the price of crude had risen by 2.5 percent to reach $76.01 a barrel and the price of heating oil had climbed by 2.3 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): Up $0.04
As Europe’s finance ministers worked [...]

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February 15, 2010

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 [...]

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February 12, 2010

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 [...]

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February 10, 2010

Oil Prices Dip as API Data Shows Build in Crude Supplies

As of 8:50 am EST, the price of crude had slipped by 0.4 percent to reach $73.47 a barrel and the price of heating oil had fallen by 0.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.05
Morning projection (for Thursday’s average price per gallon): Down $0.01
Oil prices have fluctuated this [...]

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January 21, 2010

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 [...]

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December 30, 2009

Oil Prices Split Ahead of EIA Inventory Data

As of 8:49 am EST, the price of crude had dipped by .01 percent to reach $78.86 a barrel and the price of heating oil had risen by .65 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.03
Morning projection (for Thursday’s average price per gallon): Up $0.02
Heating oil prices have risen [...]

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December 14, 2009

Oil Prices Drop on Stagnant Demand

As of 9:01 am EST, the price of crude had fallen by 1.17 percent to reach $69.05 a barrel and the price of heating oil had dipped by .10 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): Down $0.02
The price of crude oil [...]

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October 21, 2009

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, [...]

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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 [...]

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September 16, 2009

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 [...]

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September 15, 2009

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 [...]

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September 14, 2009

Oil Prices Continue Slide on Stronger Dollar, New Position Limits

At 9:39 EDT, the price of crude had fallen by 0.8 percent to $68.77 a barrel and the price of heating oil was 0.3 percent lower.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.05
Morning projection (for Tuesday’s average price per gallon): DOWN $0.02

Oil prices dipped lower this morning, continuing a downward [...]

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September 11, 2009

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 [...]

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September 10, 2009

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 [...]

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September 9, 2009

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 [...]

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September 8, 2009

Gold Leads Oil Prices Higher Ahead of OPEC Meeting

At 9:14 am EDT, the price of crude had gained 3.8 percent to reach $70.61 a barrel and the price of heating oil had risen 3.5 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.06
Morning projection (for Wednesday’s price per gallon): DOWN $0.02

A sudden jump in gold prices stimulated moderate gains [...]

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September 4, 2009

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 [...]

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September 3, 2009

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 [...]

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