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Energy / Heating Oil

Unwarranted Demand Pessimism Could Lead to a Big Oil Price Rally

Nov 15, 2023 at 13:00 | Alex Kimani

Last week, oil prices logged a third straight weekly decline, sinking to the lowest level since mid-July as concerns about demand continue to replace the fear of production outages related…

UK Oil Boiler Ban Sparks Debate

Aug 14, 2023 at 08:56 | City A.M

Energy suppliers have given heat pumps a fresh vote of confidence despite calls from backbench Conservative MPs to slow down the shift from heating systems powered by fossil…

New Englanders Are Fed Up With High Energy Prices

Nov 18, 2022 at 07:13 | Irina Slav

Energy consumers and utilities in New England are growing annoyed with high energy prices and the prospect of a shortage this winter because of record U.S. gas exports…

Record High Gas Prices Could Be Bullish For Oil

Sep 08, 2022 at 09:44 | Cyril Widdershoven

At present, oil bears seem to be ruling, as global crude oil prices have tumbled, even after OPEC+ agreed to a symbolic 100,000 bpd production cut.…

Average Heating Bills In The U.S. Set To Soar To $746 Per Household

Nov 02, 2021 at 11:04 | Robert Rapier

In a recent article, I highlighted the record drop in oil production last summer. Demand has bounced back, but oil supplies are still…

Iran Uses Iraq To Tie Lebanon Into Massive Power Plan

Aug 03, 2021 at 15:58 | Simon Watkins

Iran has spent a lot of its time, money, and lives of its direct and proxy military forces in building up its influence across the Shia Crescent of…

European Boosts Imports Of Russian Fuel Oil

Jan 04, 2021 at 12:22 | Viktor Katona

We have already written about one of the most paradoxical developments of the US-Russia energy relationship, namely that American refiners have become the number one buyer of Russia’s fuel oil…

Heating Oil - This Essential Fuel Explained!

Jul 24, 2009 at 07:48 | Editorial Dept

Heating oil is a low-viscosity liquid petroleum used to heat homes all over the world. Also known as No. 2 oil – heating oil is delivered to homes by tanker…

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