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Heating Oil

CFD on the daily spot price of home heating oil (HEATING_OIL).

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: Energy CFD
Currency: USDMeasurement Unit: Gallons
Full trading conditions >>

Description:

Heating Oil is a refined byproduct of crude oil, making its price directly tied to WTI crude oil prices. It’s used as fuel for boilers and furnaces to heat buildings and homes. Demand is highest during the winter months particularly between October and March.

Other than cold weather, refining costs, the price of alternative heating fuels and government regulations all play a role in dictating the price of Heating Oil.
 
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