ULSD futures drew buying interest after NOAA updated winter forecasts to project colder conditions across the Midwest. Heating demand expectations rose alongside fuel hedge activity. The November ULSD contract was 4.35cts lower at $2.258/gal and December ULSD was off 3.85cts to $2.2435/gal. Propane futures volumes thrive on global price volatility With freight demand holding steady, ULSD futures volatility has ticked higher, reflecting market sensitivity to macroeconomic data and energy sector headlines.
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