Some heating oil traders are hoping that a fresh aviation fuel purchase by China and favorable Chinese implied oil demand readings can provide meaningful support in the face of mostly negative "big picture" economic conditions at the start of the new trading week. However, other traders feel that a "risk off" vibe is in place throughout physical commodity markets, and a recent pattern of cooler than normal temperatures in the US may not be enough to provide any lasting support for the heating oil market.
*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.Copyright CME Group All rights reserved.
To contact the editor, e-mail:
Most Popular Slideshows
- Jaden Smith Clarifies Emancipation Reports with Dad Will Smith on TV Show ‘Ellen’ [PHOTOS AND VIDEO]
- 'Fifty Shades of Grey' Movie Casting: Chace Crawford as Christian Grey & Rachel McAdams as Anastasia Steele [PHOTOS]
- Robsten Romance: New Thorns on the Rosy Love Between Robert Pattinson and Kristen Stewart [SLIDESHOW]
- IN PHOTOS! Top Moments on American Idol 2013 Final Show [SLIDESHOW]