Heating Oil

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Heating Oil

A petroleum product used to heat private homes, offices and so forth. Approximately 25% of the world's crude oil is developed into heating oil. It is traded as a commodity on the Intercontinental Exchange and the New York Mercantile Exchange.
References in periodicals archive ?
After the first step is implemented in 1994, the general consumer will be confronted with a 2.5-cent increase in the price of a gallon of gasoline, home heating oil will cost 2.72 cents more per gallon and there will be an 8.75-cent rise in the cost of each cubic foot of natural gas.
The drop in home heating oil prices is taking place as Massachusetts consumers are facing soaring electricity bills.
Consumers throughout the Northeast and Middle Atlantic states in recent weeks have seen the soaring price of gasoline and home heating oil bust the family budget, forcing agonizing trade-offs between placing food on the table, purchasing necessary prescription medications, and heating one's home.
Yesterday Mr Jones said: "Given that one is now entitled to import unlimited amounts of alcohol and tobacco for personal use, it does seem strange that home heating oil for personal use cannot be bought in another EU member state.
It sells and services heating and air conditioning equipment to its home heating oil and propane customers and provides these offerings to customers outside of its home heating oil and propane customer base.
It's fantastic to see those blue skies, to save a few quid on the home heating oil and to sit outside of an evening enjoying a cold beer.
* Appendix D (Northeast Home Heating Oil Reserve)-Contains volumes of heating oil held in terminals by the government as a reserve to reduce the risks of home heating oil shortages.
Second, when the cost of gasoline, diesel and home heating oil comes down to $2.50 per gallon -- nationwide, and not the national average -- then, and only then, will I vote to let Big Oil export our resources.
Home heating oil also lost 5 cents to settle at $2.94.
After first rejecting outright the donation of home heating oil by the Venezuelan-contlolled company Citgo--and, by extension the nation's president, Hugo Chavez--New Hampshire may be having a change of heart
inventories of petroleum products such as gasoline and home heating oil increased sharply.
Additional services include burner service, natural gas marketing and home heating oil distribution.)

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