Markets

Morning Heating Oil Market Report

January heating oil prices traded lower during the overnight trading session and fell to their lowest level since October 13th. The market seemed drafted early morning support from a rebound in global equity markets and weakness in the US dollar. Some traders pointed to Chinese refinery stats overnight as a another factor that might have lent early support to heating oil 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.

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