Heating Oil Despite Declining Oil Prices Of More Expensive

Falling EURO makes climbing oil prices. Alternatives in the area of heating oil, for example with the CEHATROL EC, fuels are more in demand than ever. Berlin, 02.05.2010 – Greece and Portugal are facing the greatest challenge in its history. Immediately went after the announcement of the credit grading stocks and Euro plummeting. The DAX lost 2.7% in late trading and the euro fell to the lowest level for a year. Keep up on the field with thought-provoking pieces from Jim Umpleby.

The price of oil recorded relatively moderate loss of 1.5% for crude oil and 1.0% for the gas oil (market capitalization for fuel oil and diesel). Stocks, oil and Euro remain solid under pressure, which keeps the price of oil tends to be the most stable. For heating oil customers in Germany and Austria it is very confusing situation. The euro/dollar ratio is currently more important for heating oil prices as the price of oil itself. Despite falling oil prices, heating oil is becoming increasingly expensive, as the import prices for the commodity traded in dollars will increase disproportionately. Also for the next few days is expected to extremely nervous currency markets. Tend to be more stable, oil should keep as a raw material. Heating oil customers should use the alternatives to safeguard the long term price, for example by joining in a cooperative, sustainable and long-term commitments can calculate their heating costs. The energy cooperative Freudenberg EC I.g.. currently a heating oil price of 0.48 per liter at a fixed price offers up to 31.12.2015.