Morning Heating Oil Market Report 10/19/2011
Posted 10/19/2011 10:15 AM from International Business Times in Investing, Commodities
December heating oil prices seemed to pending a level of support during the overnight trading hours on prospects for a larger than anticipated draw in this morning’s EIA data. Meanwhile, heating oil inventory data out of Germany earlier this morning pegged October 1st supplies at a seasonally high level in the wake of mild fall weather conditions. Expectations for this morning’s EIA distillate inventory data are for a decline in the range of 1.5 million barrels.
http://community.nasdaq.com/News/2011-10/morning-heating-oil-market-report%288%29.aspx?storyid=98903
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