Posts Tagged EIA

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March 11, 2010

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 [...]

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March 10, 2010

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 [...]

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March 4, 2010

Oil Prices Fall as Dollar Rises

As of 9:04 am EST, the price of crude had declined by 0.2 percent to reach $80.71 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 $0.03
Morning projection (for Friday’s average price per gallon): Down $0.02
Oil markets were unmoved by [...]

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March 3, 2010

Oil Prices Climb on Weak Dollar Ahead of EIA Report

As of 8:56 am EST, the price of crude had increased by 0.8 percent to reach $80.34 a barrel and the price of heating oil had risen by 1.1 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): Up $0.03
A weak dollar pushed oil [...]

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March 2, 2010

Oil Prices Follow Stock Market Gains

As of 9:05 am EST, the price of crude had risen by 0.5 percent to reach $79.09 a barrel and the price of heating oil had increased by 0.6 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.01
Morning projection (for Wednesday’s average price per gallon): Up $0.01
The price of crude and [...]

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February 24, 2010

Oil Prices Edge Downward Ahead of Inventory Data

As of 8:51 am EST, the price of crude had declined by 0.1 percent to reach $78.80 a barrel and the price of heating oil had dipped by 0.1 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): Down $0.03
There was little change in [...]

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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 17, 2010

Oil Prices Fluctuate on Stock Market Gains, Dollar’s Strength

As of 9:06 am EST, the price of crude had increased by 0.1 percent to reach $77.09 a barrel and the price of heating oil had risen by 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.08
Morning projection (for Thursday’s average price per gallon): Down $0.02
Gains in global stock markets [...]

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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 11, 2010

Oil Prices Climb on Weak Dollar, Demand Forecasts

As of 8:46 am EST, the price of crude had risen by 0.4 percent to reach $74.83 a barrel and the price of heating oil had increased by 0.7 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): Up $0.03
EU leaders met Thursday to [...]

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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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February 3, 2010

Oil Prices Are Flat Ahead of EIA Inventory Report

As of 9:08 am EST, the price of crude had fallen by 0.2 percent to reach $77.06 a barrel and the price of heating oil was unchanged.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.08
Morning projection (for Thursday’s average price per gallon): Up $0.03
Oil prices were little changed after earlier trading [...]

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January 27, 2010

Oil Prices Climb on API Inventory Data

As of 8:52 am EST, the price of crude had edged up by 0.1 percent to reach $74.77 a barrel and the price of heating oil had risen by 0.5 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): Up $0.03
Surprising inventory numbers from [...]

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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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January 14, 2010

Oil Prices Stay Down After Builds in Inventories

As of 9:02 am EST, the price of crude had dipped by .11 percent to reach $79.56 a barrel and the price of heating oil had fallen by .54 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.04
Morning projection (for Friday’s average price per gallon): Down $0.02
Heating oil prices stayed down [...]

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January 7, 2010

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 [...]

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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 16, 2009

UPDATE: Drop in Inventories Leads to Midday Price Change

Oil prices got off to a good start this morning, taking their cue from the API’s inventory report, issued Tuesday afternoon. The API found a 2.6 million-barrel drop in inventories of distillates (heating oil and diesel), which was a more substantial decline than analysts had predicted and boosted the price of heating oil and crude. [...]

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December 16, 2009

Oil Prices Gain on Inventory Data

As of 8:55 am EST, the price of crude had climbed by .82 percent to reach $71.27 a barrel and the price of heating oil had risen by 1.22 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): Up $0.03
Oil prices rose after the [...]

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December 10, 2009

Oil Prices Recover After Wednesday’s Drop

As of 9:00 am EST, the price of crude had risen by .40 percent to reach $70.95 a barrel and the price of heating oil had climbed by .35 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.07
Morning projection (for Friday’s average price per gallon): Up $0.02
Oil prices rebounded Thursday morning, [...]

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