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ULSD Futures Fall on Distillate Build, Planned Heating Oil Release

ULSD futures declined Wednesday after federal data showed distillate inventories increased and reports said the Trump administration planned to release supplies from emergency heating oil stockpiles.

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ULSD futures prices were seeing solid declines Wednesday after federal data showed a solid build in distillate inventories and news reports indicated the Trump administration planned to release supplies from its emergency heating oil stockpiles.The November ULSD futures contract was trading 10.86ct…