Europe’s colder weather fails to ignite heating fuel demand
Europe’s heating oil market remains weak despite colder temperatures as flat prices have impacted demand amid high stocks. Temperatures in Northwest Europe dipped in the week to March 11, according to S&P Global Commodity Insights data. In Rotterdam, temperature lows ranged from 2 Celsius on March 1 to minus 3 C March 11 and are forecast to fall 2 C…