October heating oil prices appeared in the process of correcting yesterday's negative reversal action during the initial morning hours. Some traders turned cautious following yesterday's drive to the highest level since May 2nd, followed by a closer near the lower end of the day's range. Expectations for this weeks EIA distillate inventory data are for a build in the range of 500,000 barrels.
Wednesday, May 22, 2013 As of 9:47 AM EDT
U.S. EDITION
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