Since peaking at $66/barrel in late October, New York Harbour wholesale heating oil prices have dropped closer to $57. While prices may continue to weaken in line with lower crude oil prices, US energy consultants ESAI said it believes tight US distillate inventories could still lead to increased price volatility this winter. “Distillate imports,…
MARKETS: ESAI says heating oil prices to stay volatile this winter
Posted on November 29, 2004 by EnergyAsia