Heating Oil 4 Hour Price Update
Updated July 21, 2020 11:09 AM GMT (07:09 AM EST)
The back and forth price flow continues for Heating Oil, which started the current 4 hour candle off at 1.2333 US dollars, up 1.2% ($0.01) from the previous 4 hours. Heating Oil outperformed all 6 assets in the energy commodity asset class since the previous 4 hours. Congrats to its holders!
Heating Oil Daily Price Recap
The choppiness in the recent daily price action of Heating Oil continues; to start today, it came in at a price of 1.2333 US dollars, up 1.2% ($0.01) since the previous day. Heating Oil outperformed all 6 assets in the energy commodity asset class since the previous day. Congrats to its holders! Let’s take a look at the daily price chart of Heating Oil.
Heating Oil Technical Analysis
The first thing we should note is that Heating Oil is now close to its 20 day moving averages, which may act as price barrier for the asset. Volatility for Heating Oil has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Heating Oil’s price has gone down 6 of the previous 10 trading days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Heating Oil for the past day were:
- From etzrimon:
@edgar_a_bitch it’s HOT & I’m ALLERGIC to the AIR & there are BITING CREATURES and BUZZY SLEEP-THIEF FLIESI don’t like winter either because I often nearly die in winter & being able to afford enough heating oil is stressful af & I hate Christmas but at least plants aren’t trying to kill me
- From StuteeMishra:
Attempted making some bhajiya, the kind you get in Mumbai, and forgot to add salt :/With that I complete the three most iconic mistakes in cooking, adding salt instead of sugar in Chai, heating oil in wet pan and now no salt bhajiya. If this was 1950s I would never get married.
- From maccoinnich:
@ErikPtfc @rithykhut @acallanpulliam I don’t know anything about that site specifically, but I know it’s rare to find an urban site without some low level of contamination (i.e. leaking heating oil tanks, etc).