Posts Tagged Euro

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May 18, 2010

Oil Prices Rebound From Recent Plunge

As of 8:55 am EDT, the price of crude had increased by 3.3 percent to reach $72.39 a barrel and the price of heating oil had risen by 1.5 percent.
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 $0.03
Crude oil prices had declined [...]

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May 14, 2010

Oil Prices Fall for Second Day on Demand Concerns, Strong Dollar

As of 8:52 am EDT, the price of crude had dropped by 0.7 percent to reach $73.88 a barrel and the price of heating oil had declined by 0.9 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
Europe’s debt crisis continued to [...]

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May 12, 2010

Oil Prices Continue Rebound on Weak Dollar

As of 8:55 am EDT, the price of crude had increased by 0.1 percent to reach $76.44 a barrel and the price of heating oil had risen by 1.0 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.02
Morning projection (for Thursday’s average price per gallon): Up $0.02
The European Union’s $1 trillion [...]

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April 27, 2010

Oil Prices Decline on Forecasts of Inventory Gains

As of 8:51 am EDT, the price of crude had fallen by 1.1 percent to reach $83.29 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: Down $0.01
Morning projection (for Wednesday’s average price per gallon): Down $0.02
Crude oil and heating oil [...]

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April 9, 2010

Oil Prices Split on US Retail Sales, Greek Debt

As of 10:44 am EDT, the price of crude had fallen by 0.1 percent to reach $85.33 a barrel and the price of heating oil had risen by 0.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.01
Morning projection (for Monday’s average price per gallon): Down $0.02
Early trading showed oil prices [...]

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March 26, 2010

Oil Prices Rise on Greek Aid Plan, Asian Oil Demand

As of 9:14 am EDT, the price of crude had increased by 0.2 percent to reach $80.69 a barrel and the price of heating oil had climbed by 0.4 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 $0.02
Europe’s plan to resolve the [...]

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March 25, 2010

Oil Prices Climb as Dollar Weakens

As of 9:02 am EDT, the price of crude had risen by 0.6 percent to reach $81.11 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: Down $0.03
Morning projection (for Friday’s average price per gallon): Up $0.02
The dollar weakened on Thursday [...]

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March 22, 2010

Oil Prices Tumble as Dollar Makes Gains

As of 8:57 am EDT, the price of crude had dropped by 2.0 percent to reach $79.09 a barrel and the price of heating oil had fallen by 1.7 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): Down $0.04
The value of the US [...]

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March 19, 2010

Oil Prices Decline Due to Strong Dollar

As of 9:08 am EDT, the price of crude had fallen by 0.4 percent to reach $81.86 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: Down $0.02
Morning projection (for Monday’s average price per gallon): Down $0.02
Crude and heating oil prices [...]

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March 8, 2010

Oil Prices Climb on Signs of Recovery, Weak Dollar

As of 8:53 am EST, the price of crude had risen by 0.3 percent to reach $81.76 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 $0.03
Morning projection (for Tuesday’s average price per gallon): Up $0.02
The effect of last Friday’s [...]

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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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February 23, 2010

Oil Prices Fall on German Economic Worries

As of 8:57 am EST, the price of crude had dropped by 1.5 percent to reach $79.07 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: Up $0.01
Morning projection (for Wednesday’s average price per gallon): Down $0.04
The price of crude and [...]

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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 9, 2010

Oil Prices Rise as Dollar Weakens, Temps Fall

As of 8:54 am EST, the price of crude had climbed by 1.2 percent to reach $72.74 a barrel and the price of heating oil had increased by 1.4 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 $0.03
The dollar fell from its [...]

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January 15, 2010

Oil Prices Fall for Fifth Straight Day

As of 8:55 am EST, the price of crude had declined by .81 percent to reach $78.75 a barrel and the price of heating oil had dropped by .96 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Down $0.01
Morning projection (for Monday’s average price per gallon): Down $0.03
Oil prices continue to drop [...]

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June 18, 2009

Oil Prices Dip Slightly on Strong Dollar, Falling Stocks

At 9:14 am EDT, the price of crude had lost 0.3 percent, falling to $70.82 a barrel and the price of heating oil had dropped by 0.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04
Morning projection (for Friday’s average price per gallon): UP $0.02
The US dollar made a comeback against [...]

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April 23, 2009

Crude Up on Weakening Dollar, Heating Oil Down

The price of crude posted modest gains today, boosted by a US dollar that lost ground to the euro following upbeat news from euro zone banks and industrial sectors.  A weak dollar makes oil and other commodities attractive to investors as a hedge against inflation, and inflation concerns are mounting as the US and other [...]

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April 7, 2009

Oil Prices Fall on Stock Market Slumps; Crude Dips below $50

Stock markets in Asia, Europe, and the US were on the decline this morning, signaling to oil investors that economic recovery and the accompanying surge in oil demand will not take place any time in the near future.  New economic data showed that the euro zone economy shrank by more than previously thought in the [...]

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