Crude Build Weighs on Prices But Product Inventories are Dropping

Heating oil prices moved lower on Wednesday mid-day following a mixed inventory report from the Department of Energy.  Prices have been buoyed as crude oil has experienced buying pressure in the wake of a crackdown of corruption in Saudi Arabia. With distillate stocks as the lower end of the average range for this time of year, any significant cold spells will deplete already low inventories.

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