Markets

Morning Heating Oil Market Report

January heating oil traded higher during the initial morning hours and established a new 3-session high in the process. Prices rallied nearly $0.10 from last Friday's low to this morning's high. The Commitments of Traders Futures and Options report as of November 22nd showed non-commercial traders were net long 24,847 contracts, a decrease of 874. Non-commercial and nonreportable traders combined held a net long position of 45,173 contracts, a decrease of 4,527.

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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