Heating oil Heating oil, also known as No. 2 fuel oil, accounts for about 25% of the yield of a barrel of crude, the second largest "cut" after gasoline. The heating oil futures contract trades in units of 42,000 gallons (1,000 barrels) and is based on delivery in New York harbor...
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Crude Oil decreased 4.69 USD/BBL or 6.55% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on Novem
China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally. Foster Wong| Bloomberg News January 2, 2025 Government, Business, Fuel ...
With more efficient sources of energy (higher EROI), demand for energy rises. In the graph above we can see, that oil dethroned traditional biomass (wood) as the energy source number 1 around 1910. In the late 1960s oil dethroned coal and gas started to grow massively. Although wood lost...
I can see the demand destruction, but for now I remain doubtful that it is big enough to cause a lasting decline in the price of gasoline. I would not be surprised if the price starts heading higher again. Crude oil prices have already started heading hig...
Weather forecasts also pointed to wintry weather in parts of the US until mid-April, which could boost heating demand. For the week, the contract is set to surge more than 12% bringing the year-to-date gain to 70%...
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Crude Oil 70.39 0.213 0.30% 2.42% -5.02% Dec/26 Brent 73.85 0.233 0.32% 2.14% -7.15% Dec/26 Natural gas 3.85 0.0070 0.18% 20.07% 68.29% Dec/26 Heating Oil 2.23 0.0040 0.18% 1.09% -13.19% Dec/26 Coal 125.00 -0.50 -0.40% -11.35% -14.09% Dec/24 TTF Gas 45.85 -0.34 -0.74...