Heating Oil: record $5.19 at a cluster of long-term levelsNY Harbor ULSD futures (heating oil) hit $5.1919 a gallon on September 14, the highest print in the history of the HO1! chart. That is 7.7 times the April 2020 low of $0.6724 and 25% above the July 2008 peak. Friday's close: $4.787.
The path this year (month-end close):
Dec 2.12 · Jan 2.53 · Feb 2.
Los Angeles CARB Diesel (OPIS) vs. NY Harbor ULSD Futures
No trades
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Peers for comparison
Cup & Handle Pattern Confirmation for Diesel PricesThe September close concluded the third quarter of 2026. It clearly close above its decades long key resistance line.
April last year (2025) marked the trough for both crude oil and diesel prices. February this year saw the beginning of the U.S.– Iran conflict. From that trough to the September hig
Cup and Handle Setup in DieselApril last year (2025) marked the trough for both crude oil and diesel prices. February this year saw the beginning of the U.S.– Iran conflict. From that trough to the September high, diesel prices have risen significantly +169%, more than crude oil prices that was +94%.
What are the reasons that
Is Diesel Truly Seeing a Top Here?A lot of traders are looking at the recent pause in diesel futures and calling for a massive top because momentum indicators are showing a divergence. But when you look beneath the surface and check the real fuel of the market which is volume, the story changes completely.
Let us compare where we a
HO1! Multiple Timeframe Alignment
HO1! Multiple Timeframe Alignment
Looking at both the Daily chart (LEFT) and the 4H chart (RIGHT), we can see that the price is trending upward on both timeframes, consistently forming higher highs and higher lows.
If the 4H timeframe is the trading timeframe, $4.8250 could be a potential entry
HO1! - Squeezing HigherHeating oil has broken out of yet another pattern and is squeezing higher. This is occurring at the same time as the USOIL breakout. To review that post, view it here:
Now looking at heating oil futures, the first breakout occurred above the downtrend dating back to March 2026, where sellers rejec
The Diesel Crunch: Surge, Pullback, and the Path AheadRefined fuel markets have been on a tear since mid-October. Gasoline (RBOB) and distillates (HO) spiked on tight supplies, outages, and a diesel-driven squeeze, pushing the 3:2:1 crack spread to its 2025 high.
Margins have eased since, but they remain elevated — a clear sign that refining conditi
HO Time CycleThere’s a 518 day time cycle from the 2 previous major lows to today. There’s also a falling broadening wedge breakout, DMI cross (not shown), and escalating regional conflict in the Middle East. Iran has launched ballistic missiles at Israel. There is a major downtrend but it’s far enough overhe
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Summarizing what the indicators are suggesting.
Neutral
Neutral
Neutral
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
Today, AKL1! trades at 0.1475 USD.
For broader market analysis, dive into the technicals on the AKL1! futures price chart and read the latest AKL1! news:
– CFTC Commitments: Nymex Harbor ULSD Futures/Options - Nov 06
– CFTC Disaggregated Commitments: Nymex Harbor ULSD Futs/Opts
– CFTC Commitments: Nymex Harbor ULSD Futures - Nov 06
For broader market analysis, dive into the technicals on the AKL1! futures price chart and read the latest AKL1! news:
– CFTC Commitments: Nymex Harbor ULSD Futures/Options - Nov 06
– CFTC Disaggregated Commitments: Nymex Harbor ULSD Futs/Opts
– CFTC Commitments: Nymex Harbor ULSD Futures - Nov 06
AKL1! volume is the number of futures contracts traded over a given period. The current volume is 0.00.
This metric helps you understand market activity and liquidity:
– Higher volume indicates strong interest and easier trade execution
– Lower volume may signal weaker participation and wider spreads
Traders often use volume to confirm trends and identify potential reversals. Track more movements on the AKL1! chart.
This metric helps you understand market activity and liquidity:
– Higher volume indicates strong interest and easier trade execution
– Lower volume may signal weaker participation and wider spreads
Traders often use volume to confirm trends and identify potential reversals. Track more movements on the AKL1! chart.
When to sell AKL1! futures depends on your strategy, risk tolerance, and market conditions. Traders often consider reducing or closing positions when:
– Profit targets are reached: Locking in gains after a favorable price move
– Technical signals weaken: Trend reversals, resistance levels, or bearish indicators emerge
– Expiration approaches: Some traders close or roll positions ahead of Dec 2, 2026 to maintain exposure in a later contract and avoid settlement
– Market conditions change: Shifts in macro trends, seasonality, or market sentiment may affect the outlook
Selling is often part of a broader trading and risk management plan rather than an attempt to time the market perfectly.
– Profit targets are reached: Locking in gains after a favorable price move
– Technical signals weaken: Trend reversals, resistance levels, or bearish indicators emerge
– Expiration approaches: Some traders close or roll positions ahead of Dec 2, 2026 to maintain exposure in a later contract and avoid settlement
– Market conditions change: Shifts in macro trends, seasonality, or market sentiment may affect the outlook
Selling is often part of a broader trading and risk management plan rather than an attempt to time the market perfectly.
One way to gain exposure to AKL1! is through a broker that offers futures. Before trading, make sure you understand how the product works and the risks involved.
You can trade AKL1! directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders directly from the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
You can trade AKL1! directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders directly from the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
No single indicator can determine whether to buy or sell AKL1! futures contracts. The right decision depends on market conditions, risk tolerance, and your trading strategy.
Here are a few factors to consider:
• Technical rating — sell: A summary of signals from multiple technical indicators that can help assess current market conditions.
• Seasonality: Historical price patterns that may recur due to factors such as production cycles, demand trends, or market behavior.
• Forward curve: The relationship between futures prices across different expiration dates, which can provide insight into market expectations and sentiment.
For a broader view, consider these metrics alongside price action, market news, and fundamental data.
Here are a few factors to consider:
• Technical rating — sell: A summary of signals from multiple technical indicators that can help assess current market conditions.
• Seasonality: Historical price patterns that may recur due to factors such as production cycles, demand trends, or market behavior.
• Forward curve: The relationship between futures prices across different expiration dates, which can provide insight into market expectations and sentiment.
For a broader view, consider these metrics alongside price action, market news, and fundamental data.
The nearest expiration date for AKL1! is Dec 2, 2026.
Futures contracts expire on predetermined dates. As expiration approaches, many traders roll positions into the next contract to maintain exposure to the market.
Key metrics to watch near expiration:
• Volume and liquidity: Trading activity often shifts to the next contract month
• Open interest: Falling open interest may signal positions being closed or rolled forward
• Forward curve: Differences between contract prices can help identify market structure, including contango and backwardation
Explore the AKL1! chart to monitor active contracts and contract-month activity.
Futures contracts expire on predetermined dates. As expiration approaches, many traders roll positions into the next contract to maintain exposure to the market.
Key metrics to watch near expiration:
• Volume and liquidity: Trading activity often shifts to the next contract month
• Open interest: Falling open interest may signal positions being closed or rolled forward
• Forward curve: Differences between contract prices can help identify market structure, including contango and backwardation
Explore the AKL1! chart to monitor active contracts and contract-month activity.
Open interest is the total number of active futures contracts that have not been closed or expired. For AKL1!, the current open interest is 81.00.
Traders use open interest to assess trend strength and market participation:
– Rising price + rising open interest: New money is entering the market, trend may be strengthening
– Rising price + falling open interest: Positions are being closed, trend may weaken
– Falling price + rising open interest: Increasing short positions, bearish pressure may build
– Falling price + falling open interest: Positions are closing, trend may be losing momentum
Open interest is most effective when combined with volume and price action — track both on the AKL1! chart for deeper insight.
Traders use open interest to assess trend strength and market participation:
– Rising price + rising open interest: New money is entering the market, trend may be strengthening
– Rising price + falling open interest: Positions are being closed, trend may weaken
– Falling price + rising open interest: Increasing short positions, bearish pressure may build
– Falling price + falling open interest: Positions are closing, trend may be losing momentum
Open interest is most effective when combined with volume and price action — track both on the AKL1! chart for deeper insight.









