Heating Oil Rises on Strong Product Demand

Heating oil prices rose mid-day on Wednesday, as a petroleum inventory draw was offset by an increase in US domestic production. Petroleum prices have been rising this week, as trade tariffs set by China in response to US tariffs were less than anticipated. Refinery runs dipped this week, as operators looked to perform maintenance. Imports rose this week and are up month over month.

Imports Rose Which Offset…