Skip to main content
for investors and traders!
  • Get free stocks up to $200
  • Free $10 to trade crypto
  • Gold Status for first month
  • Access to the education 
  • Access to investment ideas
free shares promotion

Heating Oil

Fuel oil is a by-product of oil refining. It is regularly used for heating by American households.

Fuel oil prices in the USA are determined on the exchange and mainly depend on the supply/demand balance. The correlation with the oil prices is very strong but due to the weather effects the instrument can show more independent price dynamics during a short period of time.