US EIA Heating Oil Stocks Change (Jan/23) 0.026 (Prev. 0.279)

The decrease in US EIA heating oil stocks for January suggests a tightening supply, compared to the previous month.

Newsquawk StaffPublished 28 Jan 2026, 15:50 UTCOn the live feed at 15:30 UTC, 20 minutes before this page

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15:56

US State Secretary Rubio says that relations with Greenland are in a good place; processes are in place to ensure a good outcome

15:53

BoC Deputy Rogers says that this is a big year for mortgage renewals and they expect rollovers to see pay increases

15:30

US EIA Heating Oil Stocks Change (Jan/23) 0.026 (Prev. 0.279)

15:23

US Secretary of State Rubio says that Venezuela under Maduro posed a strategic risk to the US and it will take time for the transition out of Maduro to take place

15:19

US Treasury Secretary Bessent there will be some "exciting announcements" coming today

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Context

This could signal upward pressure on heating oil prices as demand remains resilient, especially in the context of geopolitical tensions affecting energy markets. Traders should be mindful of how this may influence WTI prices and overall commodity sentiment.

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