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Heating oil fell 1.90% to $4.72 a gallon on Thursday, 29 October, extending a pullback as extra diesel supply reached the market from Russian exports and reserve releases. Refiners such as Valero earn margins between products and crude.
More distillate supply eases diesel and heating oil prices, lowering transport and freight costs for feed buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.