Heating Oil (HO1) Up 1.5%; in a Downtrend Over Past 14 Days

Heating Oil Daily Price Recap

The end of a 7 day negative run has come for Heating Oil, which finished the day prior up 1.5% ($0.0105). Relative to other instruments in the energy commodity asset class, Heating Oil ranked 3rd since the day prior in terms of percentage price change. The daily price chart of Heating Oil below illustrates.

Heating Oil Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 22 out of the past 30 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Heating Oil:

  • From NewfPei:

    @PikowiczZane @ErinOTooleMP Yes, the carbon tax is so horrible… my truck is now down to under $85 to fill and just got over 500L of home heating oil delivered for $235! Yep, this carbon tax sure is hurting me and my family… fire up a PST and maybe the rest of Canada will start to listen.

  • From JbsmnJbn:

    @DustyRoseYYC @ElizabethMay First of all we would remove all Gas Stations and stop delivery of Propane , Natural Gas and home heating Oil to Vancouver Island . And only allow Wind and Solar Power generated electricity.. Do you think they would get it, nope !

  • From LochabSkyePol:

    A quantity of heating oil has been stolen from a tank at Flodigarry Hotel, #Staffin #IsleofSkye This has thought to have happened over the weekend of 25th – 26th Aprill. Could anyone with information please contact Police Scotland. Crime reference NP921/20