Posts Tagged oil demand

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March 1, 2010

Oil Prices Climb on Dollar, Chile’s Earthquake

As of 9:14 am EST, the price of crude had risen by 0.7 percent to reach $80.23 a barrel and the price of heating oil had increased by 1.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.04
Morning projection (for Tuesday’s average price per gallon): Up $0.03
Oil prices continued to rally [...]

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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 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 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 29, 2010

Oil Prices Rise on US GDP Growth

As of 8:52 am EST, the price of crude had climbed by 1.4 percent to reach $74.68 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 $0.01
Morning projection (for Monday’s average price per gallon): Up $0.03
Oil prices spiked this morning [...]

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January 25, 2010

Oil Prices Rise on Weak Dollar

As of 9:24 am EST, the price of crude had inched up by 0.1 percent to reach $74.62 a barrel and the price of heating oil had climbed by 0.3 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): Up $0.02
Oil prices have been [...]

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December 14, 2009

Oil Prices Drop on Stagnant Demand

As of 9:01 am EST, the price of crude had fallen by 1.17 percent to reach $69.05 a barrel and the price of heating oil had dipped by .10 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: Up $0.01
Morning projection (for Tuesday’s average price per gallon): Down $0.02
The price of crude oil [...]

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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 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 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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August 28, 2009

Positive Economic Data from US, UK Lift Oil Prices

At 8:56 am EDT, the price of crude had gained 0.5 percent to reach $72.85 a barrel and the price of heating oil had risen by 0.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.02
Morning projection (for Monday’s price per gallon): UP $0.01
Crude and heating oil prices are back on [...]

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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 19, 2009

Oil Prices Dip As Chinese Stock Market Falls

At 9:51 am EDT, the price of crude had lost 0.1 percent, falling to $69.13 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 $0.04
Morning projection (for Thursday’s average price per gallon): DOWN $0.02
Crude and heating oil prices are on the [...]

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August 14, 2009

Economic Recovery Hopes Carry Oil Prices Up Again

At 8:33 am EDT, the price of crude had gained 0.3 percent to reach $70.75 a barrel and the price of heating oil had climbed 0.8 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.03
Morning projection (for Monday’s average price per gallon): UP $0.02

Crude and heating oil prices both posted moderate [...]

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August 12, 2009

Heating Oil Prices Flat After Inventory Data and IEA Demand Forecast, Crude Oil Up Along With Stock Markets

At 11:51 am EDT the price of crude had gained 1.8 percent to reach $70.68 a barrel and the price of heating oil had fallen by 0.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Thursday’s average price): NO CHANGE
Oil prices hovered near Tuesday’s closing positions this morning, [...]

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August 11, 2009

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 [...]

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August 6, 2009

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 [...]

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August 3, 2009

Oil Prices Up on Stock Market Gains, Growing Demand in China

At 9:04 am EDT, the price of crude had gained 2.8 percent to reach $71.38 a barrel and the price of heating oil had risen by 2.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.06
Morning projection (for Tuesday’s average price per gallon): DOWN $0.01
The upward trend in crude and heating [...]

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