Heating oil prices dropped in electronic trading on the New York Mercantile Exchange this morning (September 28th), driven towards $2.10 a gallon by a stronger dollar.Oil prices are closely tied to movements in the dollar and a stronger greenback typically results in falling prices as overseas buyer... More
Heating oil futures were steady on the New York Mercantile Exchange this morning (September 24th), under pressure but holding above $2.10 a gallon.The front-month contract had recovered from early losses by the time European markets opened and was a sixth of a cent lower than yesterday's settle ... More
Heating oil prices rose fractionally on the New York Mercantile Exchange this morning (September 22nd), tracking gains in crude futures.By 03:00 Central Standard Time, the October-delivery crude futures contract had gained 23 cents to trade as $2.1222 a gallon, while crude had been pushed above $75 ... More
After sharp mid-week losses, heating oil futures were trading higher once more during electronic trading on the New York Mercantile Exchange this morning (September 17th), supported by a stronger dollar and rallying stocks.By the time European markets opened, front-month heating oil futures were tra... More
Wholesale heating oil prices were lower on the New York Mercantile Exchange this morning (September 16th) as traders expressed concern about demand conditions in the US, the world's largest energy consumer.The Energy Information Administration yesterday reported a 2.6 per cent drop in demand for... More
Heating oil prices were little changed during electronic trading on the New York Mercantile Exchange today (September 14th), hanging on to gains made yesterday.Both crude and heating oil were under pressure during the Asian and European trading sessions as the dollar rose against the euro, reducing ... More
Heating oil prices were holding on to gains made in electronic trading on the New York Mercantile Exchange this morning (September 13th).Ahead of the opening of US markets, the headline heating oil contract was continuing to hold above $2.10 a gallon, up 33 cents at 07:20 Central Standard Time.Crude... More
Wholesale heating oil prices were rising on the New York Mercantile Exchange (Nymex) this morning (September 9th), supported by strong demand data published yesterday.Both crude and heating oil prices spiked in late trading on Wednesday after the American Petroleum Institute (API) recorded a sharp d... More
Heating oil prices were moving lower in electronic trading on the New York Mercantile Exchange this morning (September 6th) as the Labour Day holiday marked the end of the summer driving season.Gasoline inventories have remained atypically high throughout the summer season as weakness in the manufac... More
Heating oil and crude futures may fall on the New York Mercantile Exchange next week as refiners use a lull in seasonal demand to carry out maintenance work, according to a Bloomberg poll.Of the 34 analysts participating in the poll, 14 predicted that prices will fall next week, while ten expect pri... More
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