October heating oil prices came under pressure during the initial morning hours but remained inside of Tuesday's range. While there was speculation that China might have to raise the price of diesel and gasoline next month because of recent gains in global oil markets, the heating oil market appears more tightly linked to risk-taking sentiment. Expectations for this morning's EIA report call for a modest build in US distillate supplies last week of around 700,000 barrels, in line with the five year average.