Short-term heating oil futures chart volatility has ticked higher, with ATR readings increasing 12% compared to last quarter, hinting at more pronounced swings ahead. The geopolitical landscape remains highly tense, with potential hostilities in the Middle East and other regions. Any geopolitical surprises could ignite a recovery rally in crude oil futures, but so far in 2025, the price has been falling in a very volatile world. Industrial retail electricity price in the U.S. 1970-2023 Market sentiment from the heating oil futures chart suggests speculators expect a mild rally over the next two weeks; futures spreads between March and April contracts widened to $0.07 per gallon.