Heating oil price today steadies near $2.25 as Iran risk collides with U.S. stockpile test
New York, January 14, 2026, 07:12 EST — Premarket U.S. heating oil futures nudged higher in early Wednesday trading, staying close to recent peaks following a strong jump the day before as crude prices climbed again. The contract last changed hands at $2.2488 a gallon, up 1.04 cents, or 0.46%, after closing Tuesday at $2.2384. (Investing.com) The contract tracked crude oil, which climbed amid worries that unrest in Iran might trigger a supply shock. “We are in a period of geopolitical instability and potential supply disruption,” said Jorge Montepeque, managing director at Onyx Capital Group. Traders balanced the risk of