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Latest Heating oil Stories

2009-09-25 08:47:56

Crude oil prices fell below $66 per barrel Friday with investors concerned about high inventories and slowing demand. The price of light, sweet crude, which began the week at $71.82 per barrel, lost 19 cents overnight to hit $65.70 per barrel. Heating oil prices lost 0.0072 cents overnight to $1.6742 per gallon. Reformulated gasoline prices fell 0.0206 cents to $1.616 per gallon. Natural gas rose 0.015 cents to $3.97 per million British thermal units. At the pump, the national average price...

2009-09-24 16:36:14

Crude oil prices slipped under $66 per barrel on the New York Mercantile Exchange Thursday after the government said oil inventories had risen in the week. The U.S. Energy Information Administration said demand for gasoline was up 4.5 percent over a four-week rolling average in the week ending Sept. 19, compared to the same period a year ago. But supplies were also up. Crude oil stockpiles rose 2.8 million barrels in the week. Gasoline inventories rose by 5.4 million barrels, the EIA said...

2009-09-24 08:00:29

Crude oil prices headed toward $68 per barrel on the New York Mercantile Exchange Thursday after the government said oil inventories had risen in the week. The U.S. Energy Information Administration said demand for gasoline was up 4.5 percent over a four-week rolling average in the week ending Sept. 19, compared to the same period a year ago. But supplies were also up. Crude oil stockpiles rose 2.8 million barrels in the week. Gasoline inventories rose by 5.4 million barrels, the EIA said...

2009-09-22 08:54:15

Crude oil prices stayed within range of recent trading, but rose above $71 per barrel on the New York Mercantile Exchange Tuesday, In the past month light, sweet crude has traded between $67 and $73.50 on the exchange. Tuesday, crude oil prices jumped $1.74 to $71.45 per barrel. Heating oil prices gained 0.0458 cents to $1.7975 per gallon. Reformulated gasoline prices added 0.0424 cents to $1.7938 per gallon. Natural gas prices rose 0.101 cents to $3.677 per million British thermal units. At...

2009-09-21 08:56:22

Crude oil prices dropped below $70 per barrel on the New York Mercantile Exchange Monday as low demand has helped pushed inventories higher. Global demand has dropped 3 million barrels per day from a year ago with most of the drop in developed nations struggling with the recession, the U.S. Energy Information Administration said in a September report. On Monday, the price of light, sweet crude fell $2.30 from Friday to $69.52 per barrel. Heating oil prices slid 0.0563 cents to $1.7648 per...

2009-09-18 09:09:37

Crude oil prices fell to nearly $72 per barrel on the New York Mercantile Exchange, as U.S. inventories remain high while demand remains low. In overnight trading, the price of light, sweet crude fell 40 cents to $72.07 per barrel. Heating oil prices gained 0.0015 cents to $1.8424 per gallon. Reformulated gasoline prices lost 0.0067 cents to $1.8445 per gallon. Natural gas prices added 0.119 cents to $3.577 per million British thermal units. At the pump, the national average price of unleaded...

2009-09-16 16:58:51

U.S. crude oil inventories dropped by 4.7 million barrels in the week ending Sept. 11, the U.S. Energy Information Administration said Wednesday. Crude inventories fell to 332.8 million barrels and remain above the upper boundary for the average range for this time of year, the agency said. Gasoline inventories rose by 0.5 million barrels to 207.7 million barrels and are near the upper limit of the average range. Supplies of distillate fuels, which includes heating oil, increased by 2.2...

2009-09-16 16:57:46

Crude oil prices climbed out of a holding pattern, coming close to $72.50 per barrel Wednesday after the government said U.S. inventories fell. The U.S. Energy Information Administration said domestic stockpiles of crude oil declined by 4.7 million barrels in the week ending Sept. 11. On the New York Mercantile Exchange, the price of light, sweet crude oil rose $2.14 to $72.44 per barrel. Heating oil prices rose 0.061 cents to $1.821 per gallon. Reformulated gasoline prices rose 0.0713 cents...

2009-09-16 09:15:47

Crude oil prices held steady above $70 per barrel overnight Wednesday, continuing a month-long holding pattern. A weekly stockpile report is due Wednesday. In advance of that, the price of light, sweet crude oil barely moved, gaining 15 cents overnight to $70.45 per barrel. Heating oil prices lost 0.0249 cents to $1.7552 per gallon. Reformulated gasoline prices dropped 0.0212 cents to $1.768 per gallon. Natural gas prices added 0.176 cents to $3.496 per million British thermal units. At the...

2009-09-15 16:48:38

Crude oil prices climbed above $70 per barrel Tuesday on the New York Mercantile Exchange, as oil prices maintained a general holding pattern. Crude oil prices have moved up or down on a daily basis, but not strayed very far from the $70 per barrel mark for more than a month. On Tuesday, the price of light, sweet crude gained $1.44 cents to $70.30 per barrel. Heating oil prices gained 0.0178 cents to $1.76 per gallon. Reformulated gasoline prices gained 0.0317 cents to $1.775 per gallon....