Khadija Saeed

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Heating oil price slips today, but distillate stock squeeze keeps traders on edge

Heating oil price slips today, but distillate stock squeeze keeps traders on edge

Heating oil futures in the U.S. slipped on Friday, giving up a portion of Thursday’s gains as crude prices hovered close to six-month peaks. The March NY Harbor ULSD contract dropped 2.2 cents, or 0.8%, settling at $2.59 per gallon. April contracts slid roughly 1% to $2.48. That keeps the front months trading above later ones—traders call this “backwardation,” and it typically points to a tight supply in the near term.
20 February 2026
Oil prices near six-month highs as Trump’s Iran deadline keeps Brent and WTI in focus

Oil prices near six-month highs as Trump’s Iran deadline keeps Brent and WTI in focus

Oil eased off on Friday, though prices stayed close to the highs not seen in six months, with traders eyeing the ongoing U.S.-Iran standoff alongside a notably steep drop in U.S. crude inventories. Brent was down 19 cents at $71.47 a barrel, a 0.27% dip as of 12:36 p.m. ET. U.S. West Texas Intermediate gave up 14 cents, or 0.21%, to trade at $66.29. Still, both contracts looked set to notch roughly 5.3% weekly gains, their first advance in three weeks, as Brent call options attracted fresh buying. “Caught in between” was how Phil Flynn at Price Futures Group put it—anticipation versus denial. Saxo Bank’s Ole Hansen described the mood as a “wait-and-see day,” after Iran’s foreign minister signaled a draft counterproposal could surface within days.
20 February 2026
Wall Street jumps after Supreme Court kills Trump tariffs as US data revives inflation debate

Wall Street jumps after Supreme Court kills Trump tariffs as US data revives inflation debate

Stocks in the U.S. moved higher Friday, following the Supreme Court’s decision to overturn President Donald Trump’s broad “Liberation Day” tariffs. The ruling offered relief to consumer companies with significant import exposure after a turbulent period for riskier assets. By 11:56 a.m. ET, the Dow ticked up 0.23%, the S&P 500 advanced 0.64%, and the Nasdaq jumped 1.10%. https://www.reuters.com/business/us-stock-futures-muted-ahead-economic-data-2026-02-20/
20 February 2026
Australia stock market today: ASX 200 near record, banks lead week; Rio, GYG slide

Australia stock market today: ASX 200 near record, banks lead week; Rio, GYG slide

Australian stocks edged down on Friday, with the S&P/ASX 200 dropping 4.8 points to 9,081.4. Still, the index wrapped the week up 1.8%—hovering right below Thursday’s record high of 9,118.3. Banks gained 0.7% while miners slipped 0.7%, dragged lower as Rio Tinto tumbled 3.1%. “All the major banks have now reported, and most delivered results ahead of consensus,” said Philip Pepe, senior equities analyst at Shaw and Partners, countering the “ex-growth” label critics have pinned on the sector, a term suggesting it’s out of earnings momentum.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap

NYSE: AER 95 / 100
#2 BUY

Constellation Energy

NASDAQ: CEG 94 / 100
#3 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 92 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

AIG

NYSE: AIG 88 / 100
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Editorial model selection. Not personalised advice.