11 June | Other

United States. Heating Oil Stockpiles. The value of the indicator has increased from -0.282M to 0.487M

A report on this calendar event is released weekly by the Energy Information Administration.

The presented indicator indirectly characterizes the demand for petroleum products in the United States and helps to predict the need of the country's industrial sector for crude oil in the short term.

The indicator has almost no direct effect on oil prices. Analysts consider it together with other indicators of the oil market.

Comments by the MarketCheese analysts: an increase of the indicator value may contribute to the fall in quotes of Heating Oil.

Marketcheese MarketCheese
Period: 05.09.2025 Expectation: 900 pips
AUDCAD loses momentum near channel resistance
29 August 2025 48
Period: 05.09.2025 Expectation: 900 pips
Inverse head and shoulders pattern to form upon GBPUSD break of 1.358
29 August 2025 58
Period: 30.11.2025 Expectation: 2800 pips
USDJPY set to weaken in medium term
29 August 2025 32
Brent sell
Period: 05.09.2025 Expectation: 200 pips
Brent declines amid growing inventories and potential production increases
29 August 2025 55
Period: 05.09.2025 Expectation: 600 pips
Buying USDCAD on divergent data from US and Canada
29 August 2025 28
Period: 30.11.2025 Expectation: 3000 pips
Tesla shares to get boost on breaking $370
28 August 2025 50
Go to forecasts