US EIA Heating Oil Stocks Change (Jan/09) -0.745 (Prev. 0.672)
The latest EIA reported a notable decrease in heating oil stocks, moving from a previous increase to a decline.
US Senate Republican leader Thune says he is not sure if he has the necessary votes to stop the War Powers act coming to a vote today
BoE's Ramsden says "we are considering what failure arrangements are necessary for systemic stablecoins"
US EIA Heating Oil Stocks Change (Jan/09) -0.745 (Prev. 0.672)
The US has reportedly informed its personnel in Saudi Arabia to exercise caution
EIA Expectations: Crude -2.2M, Distillate -0.2MM, Gasoline 4M
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This shift could signal tightening supply dynamics, which may have implications for heating oil prices and broader commodity markets. Traders should monitor cross-asset reactions, especially in WTI and related energy markets.
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