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Home > Oil Gas Investments > Heating Oil
Heating Oil
Heating oil is a product derived from petroleum that has been used by Americans and people around the world to heat their houses for many years, starting after World War II when it replaced carbon as a source of energy. Even though, at the beginning, the prices were stable, today, heating oil prices fluctuate monthly. Demand and supply, crude oil prices, competition and operating costs are few of the elements that affect heating oil prices. Currently, many companies, businesses, marketers, refineries and others bid on heating oil futures and contracts as a pricing mechanism or a way to manage risk. To know more about it, read these articles.
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