Markets

Morning Heating Oil Market Report

November heating oil prices have extended their decline from last week into this morning and were down nearly $0.30 from the September 16th high to this morning's low. A rebound in outside market sentiment helped fuel a rebound in prices back into positive territory this morning. The Commitments of Traders Futures and Options report as of September 20th showed non-commercial traders were net long 21,214 contracts, an increase of 6,680. Non-commercial and nonreportable traders combined held a net long position of 33,053 contracts, for an increase of 5,162 on the week.

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.

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