Latest heating oil news, current kerosene oil costs & prices – BoilerJuice UK

All categories / April 2010

Oil resilient despite European debt crisis

Oil resilient despite European debt crisis

29 April 2010

Crude oil prices closed higher yesterday (April 28th) despite mounting concerns that Greece's debt crisis could spread throughout Europe.Spain and Portugal both saw their debt ratings downgraded following Moody's decision earlier in the week to demote Greece's rating to junk status.Clarence Chu, an ... More

Oil slumps on Europe risk, weak supply

Oil slumps on Europe risk, weak supply

28 April 2010

Crude oil prices continued to slide this morning (April 28th), extending losses seen yesterday as Greece's debt rating was downgraded to junk status by ratings agency Moody's.In the US the American Petroleum Institute also revealed a supply glut across oil, heating oil, gasoline and other products.A... More

Oil snaps five-day run

Oil snaps five-day run

27 April 2010

Crude oil prices were down for a second day this morning (April 27th) after ending a five-day rally yesterday.By the close of trading on the New York Mercantile Exchange yesterday, the headline crude contract had fallen 1.1 per cent to settle at $84.20 (£54.74) a barrel, and has fallen below th... More

US figures bolster oil prices

US figures bolster oil prices

26 April 2010

Crude oil prices were up in electronic trading on the New York Mercantile Exchange this morning (April 26th) following the latest US manufacturing and home sales data.Further signs of strengthening in the economy are expected tomorrow with the publication of consumer confidence figures for April and... More

Crude falls further on stronger dollar

Crude falls further on stronger dollar

23 April 2010

Crude oil prices slipped further on the New York Mercantile Exchange this morning (April 23rd), weighed down by a stronger dollar.By the time European markets opened, the headline crude futures contract was trading at $83.48 a barrel, down 22 cents on yesterday's settle price.Both crude and heating ... More

Oil flat after losses on inventory rise

Oil flat after losses on inventory rise

22 April 2010

Crude oil prices were trading around $83.68 a barrel this morning (April 22nd), flat after losses yesterday following the latest Energy Information Administration (EIA) demand report.According to the group, crude inventories across the US rose 1.89 million barrels last week, against a 750,000-barrel... More

Crude rises for second day

Crude rises for second day

21 April 2010

Crude oil prices were climbing on the New York Mercantile Exchange this morning (April 21st) as skies reopened across much of Europe.By the time European markets opened, the headline crude futures contract was trading at $84.28 (€54.80) a barrel, up 46 cents on yesterday's settle price.While th... More

Oil rises as volcanic ash threat recedes

Oil rises as volcanic ash threat recedes

20 April 2010

Crude oil prices were rising on the New York Mercantile Exchange this morning (April 20th) as the resumption of flights across many parts of Europe led to increased demand for jet fuel.Flights have been grounded in the UK, Ireland, France, Germany and many other countries since the eruption of an Ic... More

Crude oil falls for third day

Crude oil falls for third day

19 April 2010

Crude oil prices were down in electronic trading on the New York Mercantile Exchange this morning (April 19th), extending acute losses witnessed on Friday.In the third day of losses, crude had slipped below $82 (£53) a barrel by the time European markets opened, down more than a dollar on its o... More

Oil moves lower on dollar strength, economy concerns

Oil moves lower on dollar strength, economy concerns

16 April 2010

Crude oil prices moved lower on the New York Mercantile Exchange for a second day this morning (April 16th), with a stronger dollar dampening the appeal of the commodity for foreign investors.The headline crude futures contract was trading below $85 (£55) a barrel as European markets opened, wh... More

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