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11/13/2022 - Full Service Oil Broker - Benefits of Heating Oil

Purchasing fuel with a heating oil broker could possibly be the best way for property owners and managers to stay on top of their fuel expenses.

 What does a Heating Oil Broker do?

The job of a heating oil broker is to scour the futures market executing the best price while logistically scheduling fuel deliveries with the best provider.  A fuel trader acts as a broker between buyers and sellers of energy commodities on an exchange.  As a heating oil broker, you trade futures, which are a contract to purchase some fuel at a future time in simple terms.  

Benefits of using a Heating Oil Broker

A heating oil broker acts as a go-between for individual traders and exchanges to facilitate trades of commodities, such as heating oil.

Property managers benefit from heating oil brokers since they improve the trading process through technology, experience, and monitoring regulations.

Full-Service Heating Oil Broker

Full-service heating oil brokers are somewhat new in the energy sector helping property management firms and investors track their bottom-line.  A full-service heating oil brokerage will not only execute the best price and deliver, but they will also monitor fuel consumption based on degree days as for said client not to run out of fuel.