<div id="readability-page-1"><div><p><span>US heating oil futures rose more than 3% to around $2.51 per gallon, reaching an over two-month high amid increased demand for heating fuel due to extreme winter storm.</span></p><p><span>Strong energy consumption has provided firm support to distillate prices at a time when inventories remain tight and refinery runs constrained, eroding the usual seasonal buffer and tightening near-term product availability.</span></p><p><span>Meanwhile, crude benchmarks stayed well supported by ongoing geopolitical risks and supply concerns, reinforcing feedstock strength for refined products.</span></p><p><span>Additional support came from a softer US dollar, which makes greenback-priced commodities cheaper for buyers holding other currencies.</span></p></div></div>

<p>US heating oil futures have surged over 3% to approximately $2.51 per gallon, marking a two-month high due to heightened demand from an extreme winter storm. Tight inventories and constrained refinery runs have further supported distillate prices, reducing the usual seasonal buffer. Crude benchmarks remain strong amid geopolitical risks and supply concerns, while a weaker US dollar has made commodities cheaper for foreign buyers.</p>

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Heating Oil Rises to Over 2-Month High