Posts Tagged U.S. dollar
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 [...]
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 [...]
Read More »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 [...]
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 [...]
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 [...]
Read More »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 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 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 [...]
Oil Prices Recover on Weaker Dollar, Stock Market Gains
At 9:05 am EDT, the price of crude had risen by 1.6 percent to $61.10 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: DOWN $0.06
Morning projection (for Friday’s average price per gallon): UP $0.01
After six straight losing days, oil prices are [...]
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 Drop on Falling Stock Markets, Stronger Dollar
At 8:43 am EDT, the price of crude had fallen by 2.3 percent to $67.96 a barrel and the price of heating oil had lost 1.9 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.04
Morning projection (for Tuesday’s average retail price per gallon): DOWN $0.03
Falling stock markets in the US and [...]
Oil Prices Dip Slightly on Strong Dollar, Falling Stocks
At 9:14 am EDT, the price of crude had lost 0.3 percent, falling to $70.82 a barrel and the price of heating oil had dropped by 0.7 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.04
Morning projection (for Friday’s average price per gallon): UP $0.02
The US dollar made a comeback against [...]
Oil Prices Climb as Dollar Retreats
At 8:37 am EDT, the price of crude had gained 2.3 percent to reach $72.27 and the price of heating oil had dropped by 2.6 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Wednesday’s average price per gallon): UP $0.04
A call from Russian president Dmitry Medvedev for a [...]
Oil Prices Fall on Stronger Dollar, Price Correction
At 10:09 am EDT, the price of crude had fallen by 1.6 percent to $70.91 a barrel and the price of heating oil had given up 1.2 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.02
Morning projection (for Tuesday’s average price per gallon): DOWN $0.02
The fundamental forces of low demand and [...]
Strong Dollar, Profit-Taking, and Waning Optimism Lead Oil Prices Down
The price of crude lost 0.9 percent to close at $72.04, and the price of heating oil fell by 0.9 percent as well.
HEAT USA Price Report
Evening projection (for Monday’s average retail heating oil price per gallon): DOWN $0.02
Oil prices ended lower today, snapping a three-day rally. End-of-week profit taking following oil’s big Tueday through Friday [...]
Oil Prices End Down Slightly on Stronger Dollar
The price of crude fell 0.5 percent to close at $68.09 a barrel and the price of heating oil dropped by just 0.1 percent.
HEAT USA Price Report
Evening projection (for Tuesday’s average retail heating oil price per gallon): NO CHANGE
A US dollar rapidly gaining value against other currencies kept oil prices low today, with both crude [...]
Oil Prices Fall on Strengthening Dollar
At 8:55 am EDT, the price of crude had fallen by 1.3 percent to $67.53 a barrel and the price of heating oil had lost 1.1 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: DOWN $0.01
Morning projection (for Tuesday’s average retail price per gallon): DOWN $0.02
Oil prices continued to retreat from seven-month [...]
Rising Stock Markets, Weak Dollar Push Up Oil Prices; Crude Touches 7-Month High Price
At 10:26 am EDT, the price of crude had gained 2 percent to reach $67.66 a barrel and the price of heating oil had risen by 3.3 percent.
HEAT USA Price Report
Today’s average retail heating oil price per gallon: UP $0.05
Morning projection (for Tuesday’s average price per gallon): UP $0.04
Coming off of its biggest Monthly gain [...]
