May heating oil prices trended lower throughout the early morning hours and registered a lower low in the process. Some traders pointed to gains in the US dollar and weakness in Brent crude oil as forces weighing on the market. Another factor might have been the latest estimates from the National Weather Service that called for US heat-related demand for heating oil to run more than 50.0% below normal in the coming week. The Commitments of Traders Futures and Options report as of April 10th showed non-commercial traders were net long 17,906 contracts, a decrease of 1,015. Non-commercial and nonreportable traders combined held a net long position of 36,650 contracts, a decrease of 7,130 in their net long position held by these traders.