Crude and heating oil prices remained near their Tuesday closing prices on NYMEX this morning.  Traders and analysts appear to be holding their collective breath until the release of new inventory numbers at 10:35 am eastern time.  Crude and heating oil prices were up 1% and 2%, respectively, as of 9:31 am.

HEAT USA price experts announced a decrease in retail heating oil prices from yesterday that is a penny smaller than expected, and anticipated a small gain in tomorrow’s prices.

HEAT USA Price Report
Today’s average heating oil price per gallon: DOWN $0.03
Morning projection (for Thursday’s average price per gallon): DOWN $0.02

Tags: commodities, crude oil, data, HEAT USA, heating oil, market, NYMEX, oil prices, stockpiles

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