Upwardly mobile NY Heating Oil extends gains by 3.36 cents; closes session 1.4% higher

Yesterday at a glance: Heating Oil rose 3.36 cents to close at $2.44 per gallon yesterday which makes for a move of 1.4%.

At the same time, United States Core PCE Price Index (YoY) (May) released yesterday at 12:30 UTC with a figure of 4.6, while the previous figure was 4.7. United States Core PCE Price Index (MoM) (May) came out at 0.3, while a consensus of analysts was expecting 0.3. Fresh CFTC S&P 500 speculative net positions data from United States came out at -208,300.

Rallies can also be seen in other Energy, notably, Natural Gas rose 2.7% yesterday and closed at $2.7. Brent Crude Oil is trading around $74.9 after ending yesterday's session at $74.34 (up 0.75% today). Crude Oil is trading around $70.45 after ending yesterday's session at $69.86 (up 0.84% today).

Trading mostly sideways for a month. Heating Oil Futures has fallen back around 48.25% over the past 8 months, from a notable high of $4.65.