Heating oil price jumps as Iran risk premium lifts NYMEX ULSD; distillate stocks in focus
NEW YORK, Jan 13, 2026, 07:26 EST — Regular session U.S. heating oil futures rose 1.5% to $2.1876 a gallon in early Tuesday trading, following Monday’s close at $2.1544. (Investing.com) This move is significant since heating oil is part of the distillate pool—a group that also includes diesel—and price fluctuations can quickly impact winter fuel expenses and freight charges. The U.S. Energy Information Administration warns that reduced distillate inventories may increase the chances of steeper price hikes and greater volatility through the heating season. (U.S. Energy Information Administration) Crude led the gains. Brent jumped close to 2%, while U.S. crude