Changes

[[Image:Heating_oil_tanker_truck.jpg|right|thumb|200px|A tanker truck refilling a residential heating oil customer's home]] Heating oil, also known as ''No. 2 fuel oil'', accounts for about 25% of the yield of a barrel of [[crude oil]], the second-largest "cut" after gasoline. <ref>{{cite web|url=http://www.nymex.com/ho_pre_agree.aspx| title=NYMEX.com: Heating Oil|date=[[2006]]|accessdate=2006-12-21}}</ref>

[[Image:Heating_oil_tanker_truck.jpg|right|thumb|200px|A tanker truck refilling a residential heating oil customer's home]] Heating oil, also known as ''No. 2 fuel oil'', accounts for about 25% of the yield of a barrel of [[crude oil]], the second-largest "cut" after gasoline. <ref>{{cite web|url=http://www.nymex.com/ho_pre_agree.aspx| title=NYMEX.com: Heating Oil|date=[[2006]]|accessdate=2006-12-21}}</ref>

==Market info==

==Market info==

Heating oil futures contracts trade in units of 42,000 gallons, which is the equivalent of 1,000 barrels.  Prices are based on delivery in [[Directory:New York, New York|New York City]] harbor, the principal cash market trading center.  The heating oil futures contract is also used to hedge diesel fuel and jet fuel, both of which trade in the cash market at an often stable premium to heating oil futures.

Heating oil futures contracts trade in units of 42,000 gallons, which is the equivalent of 1,000 barrels.  Prices are based on delivery in [[Directory:New York, New York|New York City]] harbor, the principal cash market trading center.  The heating oil futures contract is also used to hedge diesel fuel and jet fuel, both of which trade in the cash market at an often stable premium to heating oil futures.

==References==

==References==

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==See also==

==See also==