Posts Tagged HEAT USA

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December 23, 2009

API Inventory Report Drives Up Oil Prices

At 9:30 am EST, the price of crude had risen 1.8 percent to $75.28 a barrel and the price of heating oil had climbed 1.4 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): Up $0.04
The American Petroleum Institute’s oil inventory report, released yesterday [...]

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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 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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September 2, 2009

Oil Prices Flat Ahead of EIA Inventory Data

At 9:55 am EDT, the price of crude was flat at $68.05 a barrel and the price of heating oil had gained just 0.2 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): UP $0.03
US unemployment rose again in August, which pushed down crude [...]

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September 1, 2009

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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August 31, 2009

Oil Prices Drop on Chinese Stock Market Losses

At 9:01 am EDT, the price of crude had dropped by 2.4 percent to $71.02 a barrel and the price of heating oil had lost 2.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.01
Morning projection (for Tuesday’s price per gallon): DOWN $0.03
Oil prices fell sharply this morning, as the key [...]

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August 27, 2009

Oil Prices Keep Falling Under Weight of Massive US Inventories

At 9:25 am EDT, the price of crude had fallen 1.2 percent to $70.58 a barrel and the price of heating oil had dropped by 1.2 percent as well.
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 $0.02
The drop-off in crude and heating oil [...]

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August 26, 2009

Oil Prices Continue to Fall From 2009 Peaks

At 10:15 am EDT, the price of crude had dropped by 1.4 percent to $71.08 a barrel and the price of heating oil had lost 1.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.06
Morning projection (for Thursday’s price per gallon): DOWN $0.01
Investors rushed to cash in on crude and heating [...]

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August 25, 2009

Oil Prices Down Ahead of US Economic Data

At 9:38 am EDT, the price of crude had dropped 0.2 percent to $74.19 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 $0.02
Morning projection (for Wednesday’s price per gallon): DOWN $0.01

The prices of crude and heating oil were down slightly [...]

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August 24, 2009

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 [...]

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August 21, 2009

Heating Oil Up, Crude Hits 2009 High on Renewed Recovery Hopes

At 8:42 am EDT, the price of crude had gained 1.4 percent to reach $73.91 a barrel and the price of heating oil had risen by 1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.03
Morning projection (for Monday’s price per gallon): UP $0.02
A weakening dollar and rising stock markets helped [...]

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August 20, 2009

Oil Prices Flat After Wednesday’s Surge

At 9:55 am EDT, the price of crude had risen by just 0.2 percent to $72.55 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 $0.06
Morning projection (for Friday’s average price per gallon): DOWN $0.01
Surprisingly large reductions in crude, gasoline [...]

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