Distillate Stocks Supply is Falling Ahead of the Heating Season

Residential heating oil prices are rising despite warmer than normal temperatures that are covering most of the United States.  There are different scenarios that will play out depending on the relative coldness of the 2017-18 winter.  The EIA forecasts this results and with heating oil stocks at the low end of the 5-year range, crude oil prices could be driven by distillates, and making it so…