Heating Oil 4 Hour Price Update
Updated June 19, 2020 11:08 AM GMT (07:08 AM EST)
1.2079 was the closing price of the four-hour candle for Heating Oil, resulting in the current 4 hour candle being one in which price moved up 2.9% ($0.03) from the previous 4 hours. Relative to other instruments in the energy commodity asset class, Heating Oil ranked 2nd since the previous 4 hours in terms of percentage price change.
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 1.2079 US dollars, up 2.9% ($0.03) since the previous day. Relative to other instruments in the energy commodity asset class, Heating Oil ranked 2nd since the previous day in terms of percentage price change. Let’s take a look at the 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 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Heating Oil’s price has gone up 10 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Heating Oil:
- From dr_gero20:
@ChemicalAnomaly @WitchCherokee @porche_angel @LilSimpathy @The_Zannah @JaggerAs I left for the last time when the deacons voted to use the “benevolence” fund to buy AR-15’s for when the communists attack churches. We had a family who needed heating oil for the winter but that wasn’t important I guess.
- From MaryLavery13:
Has anyone ever deliberately broken an object?
I threw a child of Prague statue down the stairs when I had to sell my home.
3 kids, a cat, a badly behaved dog and no heating oil just caused a brain storm.
Stuck his head back on.
- From ezy06001:
@ellengilmer Hopefully the residents make the final decision. Would be surprised is they didnt want the tax revenue from the assessed value of new equipment. Better to breath the pollution from dirty diesel trucks, buses, heating oil furnaces and cars I suppose.