** The price for #4 and #6 oil add between MARGIN 9 and 26 cents per gallon to the nymex price.
This is how it works:
Take the current Nymex barrel price divide by 42 to get the price per gallon then add our MARGIN and that is your price per gallon.If Nymex price is 99.75 per barrel and if our MARGIN is 12 cents then do
99.75 / 42 = 2.375 + .12 = $2.495 per gallon.
NYMEX HEATING OIL PRICE + MARGIN *=YOUR HEATING OIL PRICE
NYMEX oil price- wholesale heating oil prices changing constantly.
Margin - is constant. It is our charge for your heating oil delivery.
NYMEX HEATING OIL PRICE + MARGIN ** =YOUR OIL PRICE
Example of computing #2 heating oil price :
*The price for #2 heating oil is Nymex heating oil price plus MARGIN between 12 and 50 cents per gallon.
This is how it works:
Take the current Nymex heating oil price add x cents (your processing amount) and that is your heating oil price per gallon.
If Nymex is $2.80 and your factor is 50 cents your heating oil price per gallon would be $3.30 per gallon. Call us for your amount to add.
Note: You can get your oil price anytime without calling us.
