Heating oil prices held steady on the New York Mercantile Exchange this morning (January 29th), mimicking the inertia in crude prices on the same exchange. Despite today's price stability, both commodities are set to register weekly losses, with crude futures heading towards the first monthly declin... More
Heating oil prices moved lower during the electronic trading session of the New York Mercantile Exchange this morning (January 26th), with the sell-off driven largely by trade in the eastern hemisphere.As European markets opened, the headline heating oil contract was trading around $1.946 (€1.3... More
Heating oil prices dipped during the Asian trading session this morning, expunging yesterday's gains.Wholesale heating oil prices were down on the New York Mercantile Exchange this morning (January 26th) as concerns about US fuel demand and lending conditions in China resurfaced.In a bearish Asian t... More
Wholesale heating oil prices retreated further during the electronic trading session of the New York Mercantile Exchange this morning (January 25th).As the European markets opened, the February-delivery heating oil contract was trading fractionally below its opening price of $1.9416 (£1.20) a g... More
The cold weather that has caused havoc across much of Europe and North America has failed to have a substantial impact on demand for heating oil and similar fuels, new figures reveal.According to the latest report from the Energy Information Administration (EIA), refiners in the US slashed output la... More
Heating oil prices moved lower on the New York Mercantile Exchange this morning, weighed down by reforms to China's lending strategy.The commodity followed crude downwards ahead of the exchange's physical trading session later today as traders in Asian and European markets reacted to the announcemen... More
Wholesale heating oil prices moved lower on the New York Mercantile Exchange this morning (January 18th), mimicking losses witnessed in the price of crude on the same exchange.Both commodities rose considerably towards the end of 2009 as the US and Europe witnessed an unusually cold weather front th... More
A call has been made for the introduction of a heating oil regulator in Northern Ireland.In an editorial piece in the Belfast Telegraph, the newspaper's editor argued that a regulator should be introduced to help ensure that a fair price is charged for the fuel.Heating oil prices have risen in recen... More
Wholesale heating oil prices tumbled on the New York Mercantile Exchange this morning (January 6th) after a surprise build in distillate inventories in the US.Both heating oil and crude prices have risen dramatically in recent trading sessions as investors predicted that the freezing temperatures wi... More
Wholesale heating oil prices climbed once more on the New York Mercantile Exchange this morning (January 5th), with demand for the commodity expected to rise as a sustained cold front hits the US and Europe.During the electronic trading session, the February-delivery heating oil contract approached ... More
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