Energy Business Trends Quarterly | News & Information on Oil, Propane and Gas
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The Predicted Heating Oil Prices For 2015 We all know that every fall and winter that heating oil prices typically go up. It usually goes up because of the law of supply and demand. More people during these colder months need to heat their home, so the demand is high, and the supply dwindle. This price fluctuation can harm people who work paycheck to paycheck. For investors, it gives them an opportunity to make trades on the futures market with a little bit of extra certainty and with the fundamental that back up those trades. In this article, we will look at a few different sources to determine where the price of home heating oil is expected to be in 2015. We hope that this article gives you the information that you need. According to the United States Energy Information Administration (EIA) they have a projection as of this date that the price of all energy resources will be: WTI crude oil prices will be around 49.62, that Brent crude oil prices will be around 54.40, that ...
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