Markets

Morning Heating Oil Market Report

October heating oil traded lower during the early morning hours, pressured by a softer demand outlook. It appears that slowing growth concerns on the back of the European debt crisis continue to dominate the focus. In fact, European distillates have come under pressure in recent sessions on concerns that demand will slip further. Cash markets in the US also highlight sluggish demand prospects, with narrowing differentials between cash and futures prices.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities