Markets

Morning Heating Oil Market Report

January heating oil prices traded higher during the initial morning hours and took out the Monday's high in the process. Some traders suggested that the heating oil market might have garnered support on reports of refinery problems at two large plants in Texas. However, warming temperatures on US weather maps is a force seen as limiting heat-related demand for heating oil.

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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