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Morning Heating Oil Market Report

September heating oil prices established a higher high in overnight action, but they seemed to come off their best levels in the wake of a rebound in the US dollar and sell off in Brent crude oil. The Commitments of Traders Futures and Options report as of July 24th showed non-commercial traders were net long 1,016 contracts, an increase of 830. Non-commercial and nonreportable traders combined held a net long position of 6,808 contracts, for an increase of 3,450 during the report 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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