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1. www.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

   www.eia.gov › outlooks › steo

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   Jun 11, 2024 · We forecast that global oil inventories will begin increasing at an average of 0.4 million b/d in 2Q25 and will increase by 0.6 million b/d in the second half of 2025. As a result, we expect oil prices will increase to an average of $87/b in 4Q24 and $88/b in 1Q25.

   • Data Series Changes

     World crude oil production : COPR_WORLD: World other liquids...

   • U.S. Energy Information Administration

     Although we forecast an increase in natural gas prices for...

   • Short-Term Energy Outlook

     Real Prices Viewer; Data series changes. Supplements; STEO...

   • Prices

     Natural gas prices. We expect that a drop in U.S. natural...

   • Contact Steo Experts

     Energy Information Administration - EIA - Official Energy...

   • Steo Release Schedule

     Real Prices Viewer; Data series changes. Supplements;...

   • Tables

     Table 2. Energy Prices: PDF: Table 3a. International...

   • Figures

     World crude oil and liquid fuels production : XLSX: PNG:...

2. www.eia.gov › outlooks › steoShort-Term Energy Outlook - U.S. Energy Information ...

   www.eia.gov › outlooks › steo

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   Jun 11, 2024 · In our warmer case forecast for this winter, we expect average household consumption of heating oil will be about 50 gallons less than in the base case and heating oil prices will be slightly lower. As a result, we expect household expenditures will be $200 lower than the base case.

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4. prod.iea.org › reports › oil-market-report-june-2024Oil Market Report - June 2024 – Analysis - IEA

   prod.iea.org › reports › oil-market-report-june-2024

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   Jun 12, 2024 · In May, global observed onshore oil inventories swelled for a second consecutive month as lacklustre demand met with robust oil supply. Preliminary, albeit incomplete, data show oil stocks rising by 48.2 mb last month, led by the United States and China.

5. www.theglobeandmail.com › business › industry-newsOil prices on track for fourth straight week of gains

   www.theglobeandmail.com › business › industry-news

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   2 days ago · Bookmark. Oil prices were little changed on Friday, trading near their highest since late April and on track for a fourth straight week of gains, driven by hopes of strong summer fuel demand and ...

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7. www.nytimes.com › global-heat-map-trackerTracking Heat Across the World - The New York Times

   www.nytimes.com › global-heat-map-tracker

   1 day ago · Intense heat has stifled the globe this past year, contributing to record-breaking hot summers and winters in both hemispheres.

8. ourworldindata.org › grapher › crude-oil-pricesCrude oil prices - Our World in Data

   ourworldindata.org › grapher › crude-oil-prices

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   Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

9. People also ask

   Is heating oil a regional average?

   • Even though we publish heating oil consumption as a U.S. average, the lack of significant consumption outside of the Northeast means the U.S. average price is heavily weighted toward the Northeast and corresponds closely to the Northeast regional average price.

   Short-Term Energy Outlook - U.S. Energy Information Administration (EI…

   www.eia.gov/outlooks/steo/report/perspectives/2023/10-winterfuels/article.php

   See all results for this question

   Will heating oil prices be higher than the base case?

   • As a result, we expect household expenditures will be $200 lower than the base case. Conversely, in our colder case, we estimate per household consumption would be more than 20 gallons higher than the base case and heating oil prices will be almost 10 cents/gal higher.

   Short-Term Energy Outlook - U.S. Energy Information Administration (EI…

   www.eia.gov/outlooks/steo/report/perspectives/2023/10-winterfuels/article.php

   See all results for this question

   How much does heating oil cost per gallon?

   • This is $1.62 per gallon more than the current average price, $3.33, and $1.86 per gallon more than the current best price, $3.09. Home heating oil prices change on a day to day basis based on many factors, including the demand for heating oil, heating oil inventories at local fuel terminals (for example CITGO), and the price of crude oil.

   Today's BEST Heating Oil Prices | Search by ZIP | HeatFleet

   heatfleet.com/heating_oil_prices.html

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   Why is heating oil so expensive?

   • Heating oil is so expensive primarily because of the high price of crude oil. According to the US Energy Information Administration, crude oil represents 53% of the price of home heating oil (1.76 per gallon). Refining makes up 15% of the price (0.50 per gallon), and distribution and marketing make up the remaining 32% (1.07 per gallon).

   Today's BEST Heating Oil Prices | Search by ZIP | HeatFleet

   heatfleet.com/heating_oil_prices.html

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10. heatfleet.com › heating_oil_pricesToday's BEST Heating Oil Prices | Search by ZIP | HeatFleet

    heatfleet.com › heating_oil_prices

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    2 days ago · Find the best current oil prices with our free, instant fuel oil price search. Local, trusted oil companies. Save up to $100 or more per oil delivery.