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US heating oil prices rose toward $4.80 per gallon, moving close to their recent peak of $5.20 reached in mid-September, driven by persistent supply concerns. The potential for further escalation between the US and Iran and continued attacks in the Middle East raised concerns over energy flows despite increased regiona
Perma-Pipe International reported second-quarter net sales of $59.6 million, up 24% year over year, and net income of $2.5 million versus $0.9 million a year earlier.
US heating oil prices rose above $4.63 per gallon, moving back toward record highs amid constrained refined-product supply. Escalating Middle East strikes and Strait of Hormuz disruptions add pressure as global diesel remains limited.
US heating oil prices rose to around $4.45 per gallon, nearing a five-month high. Distillate inventories fell 2.2 million barrels to 103.4 million in the week ending Aug. 21, while global supply disruptions keep the refined-fuel market tight.