Biodiesel Bulletin

Biodiesel Bulletin

 

Despite Increasing Demand Giant Build in Heating Oil Erodes Prices

Heating oil prices gyrated on Wednesday in the wake of the Department of Energy’s report that showed an enormous build in heating oil inventories which accompanied a nearly equally large build in gasoline stocks.  This comes despite increasing demand for products due to lower than average prices.  Price action has been negative as crude oil slipped through $48 per barrel which has weighed on…

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