September heating oil prices were sharply higher during the early morning hours, fueled by a rally in Brent crude oil, weakness in the US dollar and improvement in macroeconomic sentiment. The heating oil market was able to overcome yesterday's weakness after weekly EIA inventory data showed a larger than expected build in distillate supplies last week of 2.619 million barrels. EIA distillate stocks stand 24.929 million barrels below last year and 21.930 million below the five year average. Distillate imports came in at 84,000 barrels per day compared to 91,000 barrels the previous week. Average total distillate demand for the past four weeks was up 1.88% compared to last year. Heating oil stocks rose by 309,000 barrels last week. Current supplies at 25.905 million barrels are the lowest for this week since 2008.