Brent North Sea crude oil is the benchmark for Middle Eastern petroleum. Brent is most suited for refining into medium distillates, including heating oil, jet fuel, and diesel fuel. Heating oil futures are a proxy for the other medium distillates.Stacked oil barrels by JONGHO SHIN via iStock
Read full articleAre Heating Oil and Distillates Heading for Even Higher Highs?
Written on 08/07/2026
Andrew Hecht

