Biodiesel Bulletin

Biodiesel Bulletin

 

Heating Oil Attempts to Bottom as Central Banks Provide Liquidity

Heating Oil prices edged higher on Wednesday morning, and are attempting to form a bottom after plunging nearly 50% in the past 6-months.  Although production continues to offset solid demand, recent and future central bank activity could help buoy heating oil prices.

Production remains robust and despite a decline in drilling activity in the US during the past week the decline was offset…

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