04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
Heating oil prices moved higher on Thursday following a robust draw in distillate stocks and colder than expected weather that continues to blanket the eastern portion of the United States. The move comes despite hedge fund traders reducing their exposure to heating oil according to the latest commitment of traders report.
The holiday shortened week brought a delay in the Energy Information…