America's LargestPosts Tagged inventory data
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, [...]
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 [...]
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 [...]
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 [...]
Read More »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 [...]
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 [...]
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 [...]
Read More »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 [...]
Oil Prices Up on Demand Boom in China
At 9:01 am EDT, the price of crude had gained 0.1 percent to $70.70 a barrel and the price of heating oil had risen by 0.4 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02
Morning projection (for Wednesday’s average price per gallon): UP $0.01
Crude and heating oil prices are rising steadily [...]
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 »Distillate Inventory Draw Brings Afternoon Heating Oil Price Increase
HEAT USA price experts report that the 1.1-million-barrel increase in distillate stockpiles reported this morning by the EIA caused an incresae in retail heating oil prices, effective at 2:00 EDT this afternoon. The moderate incrase over this morning’s price will likely remain in place through tomorrow morning.
Read More »Oil Prices Up Ahead of Inventory Data
At 9:12 am EDT, the price of crude had risen by 0.3 percent to $71.65 a barrel and the price of heating oil had gained 1.5 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): DOWN $0.02
Crude was up slightly and heating oil up [...]
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 Bounce Back in a Big Way
At 9:21 am EDT, the price of crude had gained 2.3 percent to $64.83 a barrel and the price of heating oil had increased by 2.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.08
Morning projection (for Friday’s average price per gallon): UP $0.06
Crude and heating oil prices plummeted yesterday after [...]
Oil Prices Fall as Crude Inventories Rise
At 8:52 am EDT, the price of crude had fallen 2.2 percent to $65.75 a barrel and the price of heating oil had lost 1 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
Preliminary data on petroleum inventories drove down crude and [...]
Oil Prices Close Higher on Draw on Crude Inventories
The price of crude gained 3.6 percent to close at $61.54 a barrel and the price of heating oil gained 4.8 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): UP $0.07
US petroleum inventory data released by the EIA this morning showed a greater-than-expected 2.8 million barrel-decline in crude stocks, [...]
Oil Prices Bounce Back on Gasoline Stockpile Drop
At 9:26 am EDT, the price of crude had risen by 1.9 percent to reach $60.65 a barrel and the price of heating oil had gained 2.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.01
Morning projection (for Thursday’s price per gallon): UP $0.03
Oil prices rose moderately this morning, boosted by [...]
Oil Prices Continue Slide on Inventory Data
The price of crude fell by 4.2 percent to $60.43 a barrel and the price of heating oil gave up 3.8 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): DOWN $0.06
The Energy Information Administration released data for last week’s US inventory numbers of petroleum products that reinforced perception of [...]
Oil Prices Sink Sharply on Unemployment Numbers, Stockpile Data
The price of crude plunged 3.7 percent today to close at $66.73 a barrel and the price of heating oil fell 3.7 percent.
HEAT USA Price Report
Evening projection (for Friday’s average retail heating oil price per gallon): DOWN $0.07
Swelling stockpiles of gasoline and distillate fuel combined with big unemployment numbers to paint a gloomy picture of [...]
Oil Prices Fall on Unemployment, Stockpile Increases
At 9:07 am EDT, the price of crude had fallen by 2.9 percent to $67.31 a barrel and the price of heating oil had dropped by 2.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Friday’s/Monday’s average price per gallon): DOWN $0.05
Oil prices fell sharply this morning, driven [...]
