America's LargestPosts Tagged economic recovery
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 [...]
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 [...]
More Recovery Hopes Keep Oil Prices on the Rise
At 9:00 am EDT, the price of crude had gained 0.4 percent to $74.19 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: UP $0.03
Morning projection (for Tuesday’s average price per gallon): UP $0.02
The price of crude continued to increase beyond [...]
US Housing and Manufacturing Data Hold Down Oil Prices
At 8:54 am EDT, the price of crude was basically flat, having gained just 0.2 percent to reach $68.86 a barrel. The price of heating oil had fallen by 0.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Wednesday’s price per gallon): DOWN $0.03
After two straight days of [...]
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 [...]
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 [...]
Read More »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 »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 »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 [...]
Read More »Oil Prices End Rally on Weak Economic Data, Slipping Stock Markets
At 8:54 am EDT, the price of crude had lost 0.7 percent to move to $67.91 a barrel and the price of heating oil had fallen by 0.6 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02
Morning projection (for Wednesday’s price per gallon): DOWN $0.02
After posting nine consecutive says of gains, [...]
Oil Prices Stay Flat After Weak Corporate Earnings Reports
At 11:17 am EDT, the price of crude had risen just 0.2 percent to $68.19 a barrel and the price of heating oil had gained 0.5 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): NO CHANGE
Following a week of major gains that came [...]
Oil Prices Rise as Global Stock Markets Rally
At 9:01 am EDT, the price of crude had gained 1.3 percent to $60.45 a barrel and the price of heating oil had gained 1.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Wednesday’s price per gallon): UP $0.01
Stock traders anticipating positive corporate earnings reports sparked a rallies [...]
Oil Prices Continue Decline on Recovery Concerns
The price of crude gave up 0.3 percent today to close at $59.69 a barrel and the price heating oil dropped by 2 percent.
HEAT USA Price Report
Evening projection (for Tuesday’s average retail heating oil price per gallon): DOWN $0.03
The gloomy state of the world economy held oil prices down again today as a “correction” of [...]
Oil Prices Slip Again With No Economic Recovery in Sight
At 9:11 am EDT, the price of crude had fallen by 0.9 percent to $59.33 a barrel and the price of heating oil had lost 1.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Tuesday’s price per gallon): DOWN $0.02
The optimistic exuberance that helped drive crude oil prices [...]
Oil Prices Sink on General Economic Concerns
At 10:31 am EDT, the price of crude had fallen by 3.6 percent to $64.35 a barrel an the price of heating oil had lost 3.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.07
Morning projection (for Tuesday’s price per gallon): DOWN $0.05
A stiff dose of reality administered to the oil [...]
Oil Prices Rise on Nigerian Violence, Return of Economic Optimism
At 9:45 am EDT, the price of crude had gained 0.8 percent to reach $71.95 a barrel and the price of heating oil had risen by 0.8 percent as well.
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): UP $0.03
The MEND rebels of the [...]
Rising Oil Prices Pose Threat of Inflation, Slowed Economic Recovery
At what point does the price of crude oil really begin to impact the average American and the US economy as a whole? Experts differ on the exact number, but whoever you ask will probably agree that we’re rapidly approaching that point again, if we’re not there already.
As reported here on The HEAT Zone, crude [...]
Oil Prices Fall on Stronger Dollar, Price Correction
At 10:09 am EDT, the price of crude had fallen by 1.6 percent to $70.91 a barrel and the price of heating oil had given up 1.2 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): DOWN $0.02
The fundamental forces of low demand and [...]
Strong Dollar, Profit-Taking, and Waning Optimism Lead Oil Prices Down
The price of crude lost 0.9 percent to close at $72.04, and the price of heating oil fell by 0.9 percent as well.
HEAT USA Price Report
Evening projection (for Monday’s average retail heating oil price per gallon): DOWN $0.02
Oil prices ended lower today, snapping a three-day rally. End-of-week profit taking following oil’s big Tueday through Friday [...]
