Heating Oil 4 Hour Price Update
Updated November 19, 2020 01:50 AM GMT (09:50 PM EST)
Heating Oil closed the last 4 hour candle up 1.9% ($0.02); this denotes the 3rd straight candle an increase has occurred. Heating Oil outperformed all 6 assets in the energy commodity asset class since the last 4 hour candle.
Heating Oil Daily Price Recap
Heating Oil is up 2.01% ($0.02) since the day prior, marking the 3rd day in a row it has gone up. Heating Oil outperformed all 6 assets in the energy commodity asset class since the day prior. Congrats to its holders! Below is a daily price chart of Heating Oil.
Heating Oil Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 15 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Heating Oil:
- From FrancesW05:
@ladybex1994 Aww that’s so lovely. Someone I know from 3 years ago (albeit briefly and only met them twice) bought me heating oil last week. I hadn’t had hot water or heating since March, aside from an electric shower. Seriously I cried so much. There are very kind humans on this planet.
- From JWH1895:
@GasPriceWizard @SeamusORegan People in rural parts of the country depend on things like gasoline, propane, diesel fuel & heating oil more than people living in our major cities. They are being disproportionately punished by the efforts of the Trudeau Liberals to look good for the world’s environmental elite.
- From RevPackers:
@steeleheel If you never had to turn the oven on and make a pallot in front of it to stay warm at night because their was no heating oil for the furnace…
“Energy Ellen” is the collective pseudonym used by several writers who contribute to our energy commentary who are passionate about the intersection of energy, economics, and investing. Follow Energy Ellen on social media: Instagram