As in the RBOB market, heating oil prices overnight appear to be finding benefit from the positive turnaround in physical commodity market sentiment during the last 24 hours. It is also possible that news of increased Australian demand for diesel provided the market with some additional support. As with the rest of the energy complex, some traders feel that the 23 cent selloff in heating oil prices from their September highs could lead to noted levels of short-covering during the balance of today's trading.
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