Heating oil price today: Futures slip below $2.40 as weather outlook, Iran talks steer market
U.S. heating oil futures fell below $2.40 a gallon early Monday, trading at $2.3975 by 7:05 a.m. EST, down 0.7% from the previous close. Warmer U.S. weather forecasts and steady crude prices weighed on demand expectations. Traders await the EIA’s weekly petroleum report Wednesday and the Short-Term Energy Outlook Tuesday for further signals.