Solid Demand In Heating Oil, Pushes Heat Crack up 10% in 2015

Heating oil prices moved lower on Wednesday following a stronger than expected build in crude oil and gasoline inventories.  Despite the increase in stocks, the heating oil crack continues to move higher, as reduced heating oil stocks, buoyed distillates. 

The heating oil crack, which is the spread between heating oil and crude oil and reflects the cost of refining heating oil from crude,…