US EIA Heating Oil Stocks Change (Apr/24) -0.625M

The reported drop in US EIA heating oil stocks by 0.625 million barrels indicates tightening supply conditions in the market.

Newsquawk StaffPublished 29 Apr 2026, 14:50 UTCOn the live feed at 14:30 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

14:46

Iranian Steel Top Official says the transfer of Mubarake steel to the south of the country is unprofessional, IRNA reports

14:43

BoC Governor Macklem says if energy prices stay higher for longer, there could well be a need to raise the policy rate - Post-meeting press conference

14:30

US EIA Heating Oil Stocks Change (Apr/24) -0.625M

14:28

Top Iranian official tells Press TV Iran succeeds in rendering all options on US table ineffective, Press TV reports

14:25

French PM says TotalEnergies (TTE FP) has to redistribute exceptional profits

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Context

This reduction may point to stronger demand or fewer imports, which can lead to upward pressure on heating oil prices. Given the current energy landscape, traders should be alert to potential inflationary impacts and the broader implications for related commodities.

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