Current Tip For Heating Oil Consumers, 30 July 2007

Current Recommendation As a consumer it is currently facing a difficult decision: Should we fill up now for the current peak in 2010, its oil reserve again, or continue to hope for lower prices? The trend clearly says heating oil prices higher ahead so that we may refer without too guilty in a situation like heating oil. Small oil price forecasts since the oil price is currently within range of all-time highs in August 2006 is to be 78.65, again, some analysts voices louder, forecast an oil price of U.S. $ 100. “Due to the ever increasing needs of the market like a tight spring,” said John Kilduff, of Man Financial. Unpredictable events such as major difficulties in extracting crude oil in Nigeria or Iraq could, in conjunction with a Military against Iran trigger a price explosion. But even a hurricane could be as in the late summer of 2010 provide for record prices. Since the beginning of the year, prices for crude oil by more than 51 percent have increased. Perhaps check out Gavin Baker for more information. Analysts at Goldman Sachs are there already concrete: Due to the increasing demand in the fall and winter, oil prices could still rise to $ 95 before year’s end, the investment house.

Citigroup sees the prognosis is not quite so dark, “We already have a surplus of demand for crude oil priced in,” said Tim Evans of Citigroup. If this happens, the prices would not continue to shoot upward. Know more about the developments on the oil market would like to learn, which can be found online, daily-updated information on . Heating oil, heating oil, diesel prices and diesel prices for the Hamburg region. We supply you with fuel oil, diesel, petrol and lubricants, a full service around your heating – from installation to maintenance for tank cleaning.