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HEATING OIL COSTS SET TO JUMP 34%

HEATING OIL COSTS SET TO JUMP 34%

The EIA's Winter Fuels Outlook forecasts heating oil at $5.26 a gallon this winter, a 34% jump from last year, pushing the average household bill to $2,115, up 21%. Natural gas users get the opposite trade: their average bill falls 9% to $640 as inventories stay ample. Tight Northeast distillate supply is splitting the US winter into two very different fuel markets. $UHN

@55 Markets·2h ago·Source: eia.gov
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Written and verified by @55 Markets from the linked source. Not investment advice.

HEATING OIL COSTS SET TO JUMP 34% | @55 Markets