Heating Oil (HO1) Moves Down For the 4th Day In A Row; in a Downtrend Over Past 90 Days

Heating Oil Daily Price Recap

Heating Oil is down 3.77% ($0.0381) since yesterday, marking the 4th day in a row a decline has happened. Relative to other instruments in the energy commodity asset class, Heating Oil ranked 4th since yesterday in terms of percentage price change. Here is a daily price chart of Heating Oil.

Heating Oil Technical Analysis

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 90 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 10 days Heating Oil’s price has gone down 8 them.

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 MarcusOFloinn:

    @brendanhughes64 @irish_news He forgot to say that they should build it in between the heating oil tank and the gas tanks, that way the glow will be slightly bigger for all to see 🙄🙄🙄

  • From CatsInFrance:

    Beloved husband has just ordered a delivery of heating oil from a local supplier. The price has dropped by some 25% since we last placed an order.

  • From ShropshireMan:

    Now is the time to fill your Heating oil tanks extremely low prices , but do you hold on for another month for even lower???