Heating Oil Short. Heating oil has rebounded from local highs, which have been bordering the market for several months and are targeting prices of 1.25, 1.15 and 1.05. Of the fundamentals where there was a lower decline in oil reserves yesterday, the decline is also a logical result. The technical chart consolidates and for this reason CA analysts issue a so-called short break analysis.
Chart and table source: WebTrader