America's LargestPosts Tagged unemployment
Oil Prices Falling After US Employment Data
At 9:39 am EDT, the price of crude oil had lost 0.1 percent to reach $67.91 a barrel and the price of heating oil had fallen by 0.3 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): NO CHANGE
A government report released this morning showed [...]
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 [...]
Oil Prices Dip on Stronger Dollar after Support from Jobs Data
At 9:48 am EDT, the price of crude had fallen by 0.7 percent to $71.47 a barrel and the price of heating oil had dropped by 0.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Monday’s price per gallon): DOWN $0.01
Oil prices increased sharply first thing this morning [...]
Oil Prices Give Back Early Gains to Close Flat
The price of crude rose by 0.3 percent to $60.32 a barrel (just an 18-cent increase) and the price of heating oil fell by 0.4 percent.
HEAT USA Price Report
Evening projection (for Friday’s average retail heating oil price per gallon): NO CHANGE
After a weak dollar and rising stock markets stimulated gains in oil prices this [...]
Oil Prices Sink on General Economic Concerns
At 10:31 am EDT, the price of crude had fallen by 3.6 percent to $64.35 a barrel an the price of heating oil had lost 3.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.07
Morning projection (for Tuesday’s price per gallon): DOWN $0.05
A stiff dose of reality administered to the oil [...]
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 End See-Saw Day Down Slightly
The price of crude lost 0.5 percent to settle at $68.44 a barrel and the price of heating oil fell 0.3 percent.
HEAT USA Price Report
Evening projection (for Monday’s areage retail heating oil price per gallon):
DOWN $0.01
After rising sharply in early trading on a positive US jobs report, oil prices fell on profit-taking before beginning to [...]
Oil Prices Slip Back After Crude Breaks $70 Barrier
At 9:48 am EDT, the price for a barrel of crude had fallen by 1.4 percent to $67.85 and the price of heating oil had dropped 1.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Monday’s average retail price per gallon): UP $0.01
New US unemployment data lifted oil [...]
Oil Prices Back on the Rise on Positive US Unemployment Data
At 9:54 am EDT, the price of crude had gained 2.3 percent to reach $67.64 a barrel and the price of heating oil had gained 1.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Friday’s average price per gallon): UP $0.03
Government data released this morning showed that new [...]
Fed’s Grim Assessment of US Economy Pulls Back Oil Prices
The price of crude fell 1.6 percent today to close at $61.05 a barrel. The price of heating oil fell by 0.9 percent.
HEAT USA Price Report
Evening projection (for Friday’s average retail heating oil price per gallon): DOWN $0.02
Optimism Drives Oil Prices Up Further
The price of crude rose 3.3 percent today, closing at $58.63 a barrel. The price of heating oil increased by 1.6 percent.
HEAT USA Price Report
Evening projection (for Monday’s average retail heating oil price per gallon): UP $0.02
Oil Prices Continue Climb on More Positive Economic News
At 9:03 am EDT, the price of crude had climbed 2.7 percent to $58.24 a barrel and the price of heating oil had risen 2.3 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 $0.02
Oil Prices Fall from Record Highs, but End Day Higher
The price of crude gained 0.7 percent to close at $56.71 a barrel and the price of heating oil closed 0.9 percent above yesterday’s end price.
HEAT USA Price Report
Evening projection (for Friday’s average retail heating oil price per gallon): UP $0.01
Oil Prices Continue Climb on Stock Market Surge, Hopes for Demand Recovery
At 9:58 am EDT, the price of crude had gained 3 percent to reach $58.05 a barrel (a new 2009 high) and the price of heating oil had climbed 3.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: NO CHANGE
Morning projection (for Friday’s average price per gallon): UP $0.06
Small Inventory Increases and Upbeat Jobs Report Send Oil Prices to New Heights
The price for a barrel of crude climbed 4.6 percent to close at $56.34 a barrel and the price for a gallon of heating oil rose 3.2 percent.
HEAT USA Price Report
Evening projection (for Thursday’s average price per gallon): NO CHANGE
Oil Prices Split After Chrysler Bankruptcy Announcement
The price of crude oil rose 0.3 percent to close at $51.13 a barrel and the price of heating oil closed 0.6 percent lower.
HEAT USA Price Report
Evening projection (for Friday’s average retail heating oil price per gallon): DOWN $0.005
Oil Prices Close Slightly Higher as Economic Picture Stays Unchanged
Oil prices rose slightly for the third straight day today, riding out the glimmers of positive economic news (decline in new US unemployment claims, signs of recovery in China) that sparked a brief rally this morning.
The price of crude rose 1.4 percent to close at $49.94 a barrel, and the price of heating oil closed [...]
Mixed Economic News Leads to Modest Gains in Oil Prices
In the US, new unemployment claims dropped last week, but continuing jobless claims rose to a new record high. In China, the national economy grew by a smaller-than-expected 6.1 percent in the first quarter of 2009, but showed signs of recover last month. In Europe, stock markets rose this morning on news of better-than-expected earnings [...]
Read More »Crude Down and Heating Oil Up at End of Mixed Day
The unemployment report that put a drag on oil prices this morning kept them low for most of the day, but rippling optimism over the economic agreements reached at the G20 summit yesterday kept falling prices in check. The price of crude closed 0.4 percent lower at $52.51 a barrel while the price of heating [...]
Read More »Oil Prices Sink on Unemployment Report
Oil prices sunk this morning after posting their biggest gains in three weeks on Thursday in response to plans agreed to at the G20 summit aimed at stimulating the global economy. New US unemployment data released today by the Labor Department showed US 663,000 jobs lost in March, lifting the unemployment rate to 8.5 percent, [...]
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