Jul 31, 2026 11:30 a.m. Heating Oil Oct 2026: $4.0373: 0.0736: $4.0463: $4.0588 ...

Oil and fuel futures and options contracts traded on Monday hit an all-time high as traders rushed to lock in surging benchmark prices, Reuters has reported, citing ICE data. The total number of ...

Rory Johnston, Founder of Commodity Context, says the extreme backwardation in oil fuel contracts is due to the contracts not being anticipatory assets. He explains that it's taken time for the ...