The Heat Zone

Oil Prices Sink as China’s Inflation Climbs

admin — Thu, 11 Mar 2010 14:18:26 +0000

As of 9:02 am EST, the price of crude had fallen by 0.7 percent to reach $81.49 a barrel and the price of heating oil had dropped by 0.5 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Up $0.02 Morning projection (for Friday’s average price per gallon): Down $0.02 Inflation in China hit a [...]

Oil Inches Up Ahead of EIA Inventory Report

admin — Wed, 10 Mar 2010 14:06:22 +0000

As of 8:48 am EST, the price of crude had increased by 0.1 percent to reach $81.56 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: Down $0.02 Morning projection (for Thursday’s average price per gallon): Down $0.03 News from OPEC and China [...]

Oil Prices Drop on Forecasts of Supply Builds

admin — Tue, 09 Mar 2010 14:01:24 +0000

As of 8:45 am EST, the price of crude had fallen by 1.9 percent to reach $80.34 a barrel and the price of heating oil had decreased by 1.7 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 $0.04 After crude oil hit an [...]

Oil Prices Climb on Signs of Recovery, Weak Dollar

admin — Mon, 08 Mar 2010 14:10:36 +0000

As of 8:53 am EST, the price of crude had risen by 0.3 percent to reach $81.76 a barrel and the price of heating oil had increased 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 effect of last Friday’s [...]

Oil Prices Rise on Jobs Report

admin — Fri, 05 Mar 2010 14:23:48 +0000

As of 9:06 am EST, the price of crude had increased by 1.5 percent to reach $81.41 a barrel and the price of heating oil had climbed by 1.1 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Down $0.02 Morning projection (for Monday’s average price per gallon): Up $0.03 The Labor Department released its [...]

Oil Prices Fall as Dollar Rises

admin — Thu, 04 Mar 2010 14:21:29 +0000

As of 9:04 am EST, the price of crude had declined by 0.2 percent to reach $80.71 a barrel and the price of heating oil had dropped by 0.5 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Up $0.03 Morning projection (for Friday’s average price per gallon): Down $0.02 Oil markets were unmoved by [...]

Oil Prices Climb on Weak Dollar Ahead of EIA Report

admin — Wed, 03 Mar 2010 14:13:56 +0000

As of 8:56 am EST, the price of crude had increased by 0.8 percent to reach $80.34 a barrel and the price of heating oil had risen by 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 $0.03 A weak dollar pushed oil [...]

Oil Prices Follow Stock Market Gains

admin — Tue, 02 Mar 2010 14:22:22 +0000

As of 9:05 am EST, the price of crude had risen by 0.5 percent to reach $79.09 a barrel and the price of heating oil had increased by 0.6 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Down $0.01 Morning projection (for Wednesday’s average price per gallon): Up $0.01 The price of crude and [...]

Oil Prices Climb on Dollar, Chile’s Earthquake

admin — Mon, 01 Mar 2010 14:19:03 +0000

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 [...]

Oil Prices Rise on Revised GDP Figures

admin — Fri, 26 Feb 2010 14:36:09 +0000

As of 9:18 am EST, the price of crude had increased by 0.8 percent to reach $78.80 a barrel and the price of heating oil had climbed by 0.7 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Down $0.05 Morning projection (for Monday’s average price per gallon): Up $0.02 The Commerce Department said that [...]

Oil Prices Fall on Strong Dollar, Growing Jobless Claims

admin — Thu, 25 Feb 2010 14:17:07 +0000

As of 8:57 am EST, the price of crude had dropped by 1.5 percent to reach $78.82 a barrel and the price of heating oil had fallen by 1.3 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): Down $0.04 Concerns over economic recovery in [...]

Oil Prices Edge Downward Ahead of Inventory Data

admin — Wed, 24 Feb 2010 14:11:34 +0000

As of 8:51 am EST, the price of crude had declined by 0.1 percent to reach $78.80 a barrel and the price of heating oil had dipped by 0.1 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): Down $0.03 There was little change in [...]

Oil Prices Fall on German Economic Worries

admin — Tue, 23 Feb 2010 14:16:00 +0000

As of 8:57 am EST, the price of crude had dropped by 1.5 percent to reach $79.07 a barrel and the price of heating oil had fallen by 1.5 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Up $0.01 Morning projection (for Wednesday’s average price per gallon): Down $0.04 The price of crude and [...]

Oil Prices Climb on Refinery Strike in France

admin — Mon, 22 Feb 2010 14:14:01 +0000

As of 8:53 am EST, the price of crude had risen by 0.1 percent to reach $79.90 a barrel and the price of heating oil had increased by 0.3 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Up $0.02 Morning projection (for Tuesday’s average price per gallon): Up $0.02 Workers at Total’s French refineries [...]

Oil Prices Rise on Consumer Price Report

admin — Fri, 19 Feb 2010 14:30:43 +0000

As of 9:11 am EST, the price of crude had climbed by 0.5 percent to reach $79.46 a barrel and the price of heating oil had increased by 0.5 percent. HEAT USA Price Report Today’s average retail heating oil price per gallon: Up $0.04 Morning projection (for Monday’s average price per gallon): Up $0.02 Oil markets have fluctuated today [...]

Oil Prices Fall on Jobless Claims, API Data

admin — Thu, 18 Feb 2010 14:11:31 +0000

As of 8:52 am EST, the price of crude had dropped by 0.8 percent to reach $76.68 a barrel and the price of heating oil had declined by 1.1 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): Down $0.04 An increase in the number [...]

Oil Prices Fluctuate on Stock Market Gains, Dollar’s Strength

admin — Wed, 17 Feb 2010 14:26:09 +0000

As of 9:06 am EST, the price of crude had increased by 0.1 percent to reach $77.09 a barrel and the price of heating oil had risen by 0.1 percent. 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): Down $0.02 Gains in global stock markets [...]

Oil Prices Surge on Strong Euro

admin — Tue, 16 Feb 2010 14:25:29 +0000

As of 9:06 am EST, the price of crude had risen by 2.5 percent to reach $76.01 a barrel and the price of heating oil had climbed by 2.3 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): Up $0.04 As Europe’s finance ministers worked [...]