Morning Heating Oil Market Report 9/24

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.
 

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