September heating oil has drafted support from its 100-day moving average in recent sessions, as it consolidates inside of a tight trading range. The month of July has seen heating oil prices bounce inside of a $0.10 range with a pattern of higher lows and slightly higher highs. Meanwhile, expectations for this week US distillate inventories are expected to show a build of around 1.5 to 2.0 million barrels, which would mark the third weekly build in a row.