June heating oil prices trended lower throughout the early morning hours, despite private industry data late-Tuesday that showed an unexpectedly large inventory draw. Meanwhile, weakness in the Midwest cash diesel market and warmer than expected temperatures pressuring heat-related demand are forces keeping the heating oil market in the tight range. Expectations for this morning's EIA distillate data are for a modest gain of 500,000 barrels, which compares to the five-year average build of 900,000 barrels.