Heating Oil Consolidates After Recent Surge; Inventories on Crude Continue to Climb

Heating oil prices are consolidating on Wednesday following sharp gains in the petroleum complex during the course of the prior two trading sessions.  Crude oil prices have recently surged, despite robust builds in supply as demand continues to percolate.

According to the latest estimate by the Department of Energy, U.S. commercial crude oil inventories increased by 10.9…