US EIA Heating Oil Stocks Change (Jan/02) 0.672 (Prev. 0.134)

The latest EIA data shows a significant increase in heating oil stocks, rising from 0.134 million barrels to 0.672 million barrels.

Newsquawk StaffPublished 7 Jan 2026, 15:50 UTCOn the live feed at 15:30 UTC — 1 more headline followed before this page went public

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16:00

Newsquawk Daily Economic Releases - 8th January 2026

15:41

China reportedly tells tech companies to halt NVIDIA (NVDA) H200 chip orders, via The Information; officials may order domestic AI chip purchases with NVIDIA orders

15:30

US EIA Heating Oil Stocks Change (Jan/02) 0.672 (Prev. 0.134)

15:20

[MARKET UPDATE] Hawkish reaction following the US ISM Services figure where the headline topped expectations; session high for DXY (98.64) whilst USTs are eyeing session lows; US equity futures also pressured across the board, RTY -0.9%

15:15

EIA Expectations: Crude 1.1M, Distillate 2.2M, Gasoline 2.9M

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Context

This larger-than-expected build may indicate softer demand or oversupply in the heating oil market, which could pressure prices further, especially for WTI. Traders should consider this data in the context of current supply-demand dynamics, particularly as it relates to broader energy market sentiment.

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