HO Consolidates Lower

Heating oil prices were lower on the day, and down for the week following last weeks breakout.  Profit taking has spilled into a larger than expected build in crude oil inventories which could continue to weigh on prices.  U.S. refinery inputs continue to decline, and are on par with last years operating rate, following a busy fall and early winter in the wake of this year’s hurricanes.  Imports also declined but were offset in…