June heating oil prices traded higher during the overnight and early morning hours, helped by a rebound in risk-taking sentiment and rally in Brent crude oil. However, prices remained trapped inside of Friday's range. The Commitments of Traders Futures and Options report as of May 15th showed non-commercial traders were net long 6,557 contracts, a decrease of 3,346. Non-commercial and nonreportable traders combined held a net long position of 12,060 contracts, down a whopping 7,907 in their net long positioning.