November heating oil prices traded higher during the initial morning hours, supported by a positive outside market tone and prospects for a boost in distillate demand. This week's EIA report showed distillate stocks falling by a more than expected 744,000 barrels. This brought current inventories to 15.531 million barrels below last year but 6.516 million above the five year average. Distillate imports came in at 208,000 barrels per day compared to 150,000 barrels the previous week. Average total distillate demand for the past four weeks was up 1.95% compared to last year. EIA heating oil stocks fell 679,000 barrels and are 12.037 million barrels below last year.