America's LargestPosts Tagged inventory data
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 [...]
Oil Prices Drop on Surprise Increases in Product Stockpiles
The price of crude lost 0.7 percent to close at $69.31 a barrel and the price of heating oil fell by 1 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail price per gallon): DOWN $0.01
Crude and heating oil prices closed slightly lower today after government data showed large increases in stockpiles of US petroleum [...]
Oil Prices Bounce Back on Inventory Data, Nigeria Violence
At 9:18 am EDT, the price of crude had gained 2.6 percent to climb to $71.69 a barrel and the price of heating oil had increased by 1.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Thursday’s average price per gallon): UP $0.03
Oil prices climbed back this morning, [...]
Oil Prices Down Slightly After New 2009 High
At 9:24 am EDT, the price of crude had fallen by 0.5 percent to $71.16 a barrel and the price of heating oil had lost 0.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.06
Morning projection (for Wednesday’s average price per gallon): DOWN $0.02
Oil prices receded from an early rally spurred [...]
Oil Prices Slip on Product Builds, Stronger Dollar
The price of crude lost 0.8 percent to close at $68.67 a barrel and the price of heating oil fell by 1.7 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): DOWN $0.03
Oil prices ended the day slightly below yesterday’s closing positions after a volatile trading day today, pulled down [...]
Oil Prices Drop on Gasoline Inventory Build
At 9:25 am EDT, the price of crude had fallen by 0.5 percent to $68.87 a barrel and the price of heating oil had given up 0.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04
Morning projection (for Thursday’s average retail price per gallon): DOWN $0.03
Data on US inventories of [...]
Oil Prices End Higher on Weak Dollar, Nigeria Violence
The price of crude rose by 2.6 percent to close at $69.24 a barrel and the price of heating oil gained 2.4 percent.
HEAT USA Price Report
Evening projection (for Wednesday’s average retail heating oil price per gallon): UP $0.04
Oil prices ended the day moderately higher than their opening positions as the US dollar weakened and continuing [...]
Oil Prices Up Slightly as Dollar Weakens
At 9:45 am EDT, the price of crude had gained 0.5 percent to reach $67.83 a barrel and the price of heating oil had risen by 0.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.06
Morning projection (for Wednesday’s average price per gallon): DOWN $0.01
Oil prices moved slightly higher this morning [...]
Read More »Oil Prices Up on Crude Inventory Draw, Rising Stock Markets, Weaker Dollar
The price of crude gained 0.8 percent to close at $71.04 a barrel and the price of heating oil shot up by 2 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): UP $0.04
After staying below their previous closing prices for most of the day, oil prices reversed course this [...]
Oil Prices Dip on Build in Gasoline Supplies
At 10:36 am EDT, the price of crude had lost 1.8 percent to fall to $69.17 a barrel and the price of heating oil had dropped by 1 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 $0.02
The EIA released weekly US inventory [...]
Read More »Oil Prices Keep Rising as Inventories Shrink
The price of crude gained 1.8 percent to close at $71.33 a barrel and the price of heating oil gained 1.6 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): UP $0.03
Expectations of a drawdown of US inventories of petroleum products were met this morning when the EIA released data [...]
Oil Prices Climb on Expectations of Inventory Drop
At 9:14 am EDT, the price of crude had gained 1.5 percent to reach $71.06 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 $0.04
Morning projection (for Thursday’s average price per gallon): UP $0.04
Oil prices rose again this morning on perceptions [...]
Crude Prices Recede Before Reaching $70 level
At 9:45 am EDT, the price of crude had fallen by 1.2 percent to $67.70 a barrel and the price of heating oil dropped by 1.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02 to $0.07
Morning projection (for Thursday’s average price per gallon): DOWN $0.03
After seven consecutive days on the [...]
Hopeful Investors Keep Oil on Track for Biggest Monthly Gain in 10 Years
At 10:17 am EDT, the price of crude had gained 1.4 percent to reach $66.00 a barrel and the price of heating oil had risen by 2.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.05
Morning projection (for Monday’s average retail price): UP $0.03
Positive economic news from the US and Japan [...]
Oil Prices Surge on OPEC Meeting and Inventory Draw
The price of crude rose 2 percent to close at $65.08 a barrel and the price of heating oil rose by 2.6 percent.
HEAT USA Price Report
Evening projection (for Friday’s average retail price per gallon): UP $0.05
Saudi Minister’s Comments Keep Oil Prices Higher
The price of crude gained 1.6 percent to close at $63.43 a barrel and the price of heating oil closed 1.1 percent higher.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): UP $0.02
Report: Rising Demand, Economic Optimism Could Push Crude to $73 in Near Term
Crude oil prices may reach new highs in the coming months as inventories are drawn down and Wall Street reacts to a new sense of optimism toward the U.S. economy.
Although crude closed on Friday at $61.67 a barrel on the New York Mercantile Exchange, it may be taking a breather as it sprints toward $73, [...]
Oil Prices Fall Back as Hopes for Recovery Moderate
At 9:31 am EDT, the price of crude had fallen by 2.6 percent to $60.44 a barrel and the price of heating oil had lost 2.5 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 $0.02
Oil Posts Big Gains on Inventory Data
The price of crude gained 3.2 percent today to close at $62.04 and the price of heating oil rose by 3.5 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail heating oil price per gallon): UP $0.05
Oil Prices Down on Stock Losses
The price of crude lost 1.4 percent to settle at $58.02 a barrel and the price of heating oil fell 1.1 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average retail price per gallon): DOWN $0.02
